The Leisure Property Advisors of Colliers is pleased to exclusively offer for purchase Splash Magic Campground. Located in Northumberland, PA within the popular Susquehanna River Valley, Splash Magic Campground presents a unique opportunity to invest in a strong cash flowing asset with 80% of gross revenue generated from rental sites alone.
Nearly 35 million people live within 150 miles of Splash Magic, making it a popular vacation destination for not only visitors, but locals alike. The campground is easily accessible from some of Pennsylvania's major highways and close to several state parks and other popular attractions. Due to the campground's strong occupancy, several opportunities exist for additional upside through expansion and additional offerings.
Strong cash flow with nearly 80% of gross revenue generated from rental sites
Prime Central Pennsylvania location near Shikellamy State Park, the Susquehanna River and many other popular attractions
Easily accessible from several major metro areas via I-80, RT 15 and the Pennsylvania Turnpike
Opportunities exist for additional upside and expansion due to strong occupancy
$10,000,000 price equates to 8.7% cap rate on 2020 year end NOI
