This property is a 112 site campground located at Indian Lake, Ohio. The property is spread over 16 acres of professionally landscaped grounds and has an additional 25 primitive tent camping sites available.
Camping at Indian Lake is and always has been a very popular activity for folks all over and around Ohio. Each site has its own electric meter and water hookup. We do have a dump service available.
Amenities include: large sites, wooded lots (rare in this area), two playgrounds, sand volleyball, campground holiday parties with live music and much more.
WELCOME WOODS RV CAMPGROUND
This property was purchased from a motivated seller who was very knowledgable in the field. The previous owner had purchased the property from an estate sale and made some improvements over a three year period before selling to us.
We love the additional upside in this asset as it has room to add an additional 115 seasonal sites with minimal cost which would essentially double the annual income for the property.
In addition, we were able to negotiate very favorable seller financing which will allow us to cashflow approximately 60% in the first year.