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32618579
32618577

1334 New York 28, Old Forge, NY 13420

JP
ER 100081901
NAI Outdoor Hospitality Brokers
BK
CO ER.100052334
NAI Outdoor Hospitality Brokers
Listed by NAI Outdoor Hospitality Brokers
$3,395,000
10 days on market
Updated 2 days ago

HTR Adirondacks RV Park & Campground

Details
APN 215400-044-000-0001-021-000-0000
Property Type Multifamily, Hospitality (+1)
Sub Type RV Park, Hotel (+1)
Units 127
Cap Rate 9.1%
NOI $309,000
Occupancy 70%
Pro-Forma Cap Rate 10.00%
Pro-Forma NOI $400,000
Class B
Year Built 1960
Year Renovated 2022, 2023, 2024, 2025
Acreage 24.200
Zoning Residential Seasonal
Investment Type Value Add
Ownership fee simple

A 127-Site RV Park and Campground Ideally Situated in the Adirondack Mountains

Marketing description

NO SELLER FINANCING OR “CREATIVE FINANCING” - NO PACE MORBY OR SUBTO COMMUNITY CALLERS

Situated in Old Forge, New York, HTR Adirondacks is a family-oriented outdoor hospitality resort set in the heart of Adirondack Park—one of the largest protected natural areas in the United States. The property combines the security and appeal of a gated RV community with the rustic charm of an Adirondack lodge-style setting, offering a highly scenic and immersive guest experience. With direct access to the Moose River and proximity to year-round outdoor recreation, HTR Adirondacks attracts families, outdoor enthusiasts, and seasonal travelers seeking nature-driven experiences. The property’s irreplaceable location within a highly supply-constrained park environment positions it as a compelling long-term investment with durable demand fundamentals.

Investment highlights

  • Irreplaceable Adirondack Park Location: Situated within one of the most iconic and protected natural regions in the Northeast, benefiting from extreme barriers to new development and long-term supply constraints.
  • Direct River Access & Outdoor Recreation: Frontage and access to the Moose River supporting rafting, canoeing, kayaking, and fishing, complemented by nearby hiking, biking, snowmobiling, and winter recreation.
  • Significant Capital Investment: Ownership has deployed over $3.5 million into the property to enhance infrastructure, improve accommodations, and elevate the overall guest experience, reinforcing asset quality, supporting long-term durability, and reducing near-term capital requirements for a new owner.
  • Long-Term Upside: Opportunity to continue enhancing accommodations, amenities, and programming to further drive ADR, occupancy, and NOI within a high-demand, supply-constrained market.
  • Winter Season Upside: Opportunity for new ownership to bolster winter snowmobile season with transient guests, as the property offers ride in/ride out access to the most popular snowmobiling corridor in the state of New York.

Listing Contacts

JP
ER 100081901
NAI Outdoor Hospitality Brokers
BK
CO ER.100052334
NAI Outdoor Hospitality Brokers
Listed by NAI Outdoor Hospitality Brokers

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$309,000.00
$25,750.00/mo

Valuation Metrics

0
DSCR
9.1%
Cap Rate
9.1%
ROI

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Additional Information

Name
Cory Tyksinski
License
10491200588
Brokerage
NAI Platform
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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