HTR Adirondacks
Old Forge, NY
Offered at $3,395,000
A 127-Site RV Park and Campground Ideally Situated in the Adirondack Mountains with a Unique Mix of Accommodation Types.
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.
Links
CREXI LISTING & DUE DILIGENCE BOX
For more information:
Jesse Pine
Managing Broker
jessepine@naiohb.com
Direct (970) 379-5551
Bob Kaplan
Founder
bobkaplan@naiohb.com
Direct (520) 271-2304