Contact Information

Todd Fletcher
Newmark

Mobile Home Park Details

  • Price: Call for Price
  • Property ID: 1661370
  • Posted On: May 4, 2022
  • Updated On: May 4, 2022

Property Description

Opportunity to acquire a seasonal camping resort located along the Wading River in the New Jersey Pinelands with 284 RV sites and 16 cabins. The resort is only 40 minutes from Atlantic City, just
over an hour from Philadelphia, and 2 hours from New York City.
– Current owner purchased the park in Spring 2019 from a mom
& pop operator and has repositioned the community through
improved operations and facility upgrades, some of which
include a new website, bathroom renovations, updated electrical
pedestals at approximately 12% of campsites, recreational hall
improvements, and ongoing septic work/site maintenance to better facilitate drainage.
– The resort has attracted repeat customers through investing in
entertainment and activities for both adults and children including
bands on weekends, shuffleboard and horseshoe tournaments,
kayak and rafting trips, swimming and tubing, kids crafts and
activities, and a kids carnival.
– The community also does a number of themed weekends including “Wet and Wild” weekends which includes big water slide rentals for kids, a “Christmas in July” weekend which includes Santa dropping gifts to all kids in the park, and four “Halloween” themed weekends which include costume contests, trick-or-treating, and train rides through the park. This new focus on operations and enhanced customer experiences resulted in year over year top line revenue growth of over 34% from 2020 to 2021.
– Approximately 50% of the resort’s rental income is from seasonal tenants who make up roughly 80% of sites and pay a base rate of $4,775-$4,875 for a family of 4 for the 2022 season, which runs from April 1 to November 1. Nearly all the seasonal sites are booked up for the 2022 season. Winter storage is included in the base price, and additional fees are charged on top for extra adults and golf carts.
– The resort features an extensive amenity package including
a laundromat, recreation hall, game room, snack bar, general
store, canoe/kayak rentals, golf cart rentals, saltwater swimming
pool, fishing pond, playground, basketball court, volleyball court,
horseshoes, shuffleboard, and live entertainment on the weekends.
The community is also a short drive to major tourist attractions
such as the Atlantic City boardwalk, beaches, theme parks, and
deep-sea fishing.
– RV customers are offered a variety of back-in and pull-through sites ranging from 20’-45’ deep. Some sites only have water & electric hookups and also include septic pumping, while many have full hookups of water, sewer, & electric. All sites contain either 30 amp or 50 amp service and all come equipped with a picnic table and fire ring.

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Handicap Accessible
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 16
Year Built: 1960
Size: 47 acre(s)

RV Information

Number of RV Lots: 284

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