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Eric Schreibman, J.D.Senior Sales Associate 216.525.1471 [email protected]
Christopher B. Giusto, J.D.Executive Vice PresidentSignature Commercial Real Estate LLC 216.799.9712 [email protected] 3 Summit Park Drive, Suite 200
Cleveland, Ohio 44131 Main 216.520.1200 • Fax 216.520.1828crescorealestatecom
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
THRIVING BUSINESS & REAL ESTATE FOR SALEWildwood Acres Family Campground6091 Marvin RoadAndover, Ohio 44003
Eric Schreibman, J.D.Senior Sales Associate 216.525.1471 [email protected]
Christopher B. Giusto, J.D.Executive Vice PresidentSignature Commercial Real Estate LLC 216.799.9712 [email protected] 3 Summit Park Drive, Suite 200
Cleveland, Ohio 44131 Main 216.520.1200 • Fax 216.520.1828crescorealestatecom
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Land for Sale with Operating Campground Business
FacilityR.V. and Tent Camping in the Pymatuning Lake Area
• Family Camping
• Trailer Camping
• 316 Sites (Wooded or Grassy)
• Water/Electric or Primitive
• Large Swimming Pool (40x100 with High & Low Diving Boards)
• Kiddie Pool
• Mini Golf
• Game Room
• Camp Store
• Firewood and Ice
• 2 Pavilions
• Rec. Area
• Paved Basketball, Sand Volleyball, Baseball Field, Horseshoes
• Playground
Nearby Attractions• Pymatuning Lake - 3/4 mile
(Fishing, Boating, Swimming)
• Water Slides
• Drive-In Theatre
• Flea Market
• 5 Golf Courses
• Deer Park
• Wild Waterfowl Museum
• Fish Hatchery
• Dump Station
• Planned Activities (Memorial Day to Labor Day)
• Outdoor Church Services (Memorial Day to Labor Day)
• Mosquito Controlled
• Fishing Pond
• Includes BR home
• Long-term seasonal customer base• Incredibly high occupancy rate• Increases possible for new owner
THRIVING BUSINESS & REAL ESTATE FOR SALEWildwood Acres Family Campground6091 Marvin RoadAndover, Ohio 44003
Eric Schreibman, J.D.Senior Sales Associate 216.525.1471 [email protected]
Christopher B. Giusto, J.D.Executive Vice PresidentSignature Commercial Real Estate LLC 216.799.9712 [email protected] 3 Summit Park Drive, Suite 200
Cleveland, Ohio 44131 Main 216.520.1200 • Fax 216.520.1828crescorealestatecom
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
THRIVING BUSINESS & REAL ESTATE FOR SALEWildwood Acres Family Campground6091 Marvin RoadAndover, Ohio 44003
Eric Schreibman, J.D.Senior Sales Associate 216.525.1471 [email protected]
Christopher B. Giusto, J.D.Executive Vice PresidentSignature Commercial Real Estate LLC 216.799.9712 [email protected] 3 Summit Park Drive, Suite 200
Cleveland, Ohio 44131 Main 216.520.1200 • Fax 216.520.1828crescorealestatecom
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
THRIVING BUSINESS & REAL ESTATE FOR SALEWildwood Acres Family Campground6091 Marvin RoadAndover, Ohio 44003
Eric Schreibman, J.D.Senior Sales Associate 216.525.1471 [email protected]
Christopher B. Giusto, J.D.Executive Vice PresidentSignature Commercial Real Estate LLC 216.799.9712 [email protected] 3 Summit Park Drive, Suite 200
Cleveland, Ohio 44131 Main 216.520.1200 • Fax 216.520.1828crescorealestatecom
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
THRIVING BUSINESS & REAL ESTATE FOR SALEWildwood Acres Family Campground6091 Marvin RoadAndover, Ohio 44003
Property includes well kept home
Eric Schreibman, J.D.Senior Sales Associate 216.525.1471 [email protected]
Christopher B. Giusto, J.D.Executive Vice PresidentSignature Commercial Real Estate LLC 216.799.9712 [email protected] 3 Summit Park Drive, Suite 200
Cleveland, Ohio 44131 Main 216.520.1200 • Fax 216.520.1828crescorealestatecom
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
THRIVING BUSINESS & REAL ESTATE FOR SALEWildwood Acres Family Campground6091 Marvin RoadAndover, Ohio 44003
Wildwood Acres Campground Financial Summary
ANNUAL RENT
Total Number of Camp Sites 316 $54,072.00
Seasonal Sites (Leased Year Round) 254 [RATE: $1,350 per site, approx. 90% leased] $21,900.00
Daily/Weekend Sites (with Electric & Water) 24 [RATE: $30 per site] $46,800.00
Daily/Weekend Sites (Primitive) 38 [RATE: $27 per site] $26,400.00
$112,472.00
2015 ACTUAL
GROSS INCOME $329,093.39
EXPENSES $195,537.44
Wages to Employees $47,817.88
Materials & Supplies $26,209.62
Electric & Gas $28,216.81
Repairs & Maintenance $19,529.02
Property Taxes $13,671.61
Water & Sewer $9,889.00
Pool Materials & Service $17,601.60
Landscaping $2,960.47
Rubbish Removal $4,287.49
Cable/Phone $7,484.50
Advertising $2,531.23
Licenses & Permits $1,871.90
Insurance $6,460.07
Misc Office/Professional $7,006.24
*NET INCOME: $133,556
*Before depreciation, salaries to officers, and rent paid to affiliated entity
Eric Schreibman, J.D.Senior Sales Associate 216.525.1471 [email protected]
Christopher B. Giusto, J.D.Executive Vice PresidentSignature Commercial Real Estate LLC 216.799.9712 [email protected] 3 Summit Park Drive, Suite 200
Cleveland, Ohio 44131 Main 216.520.1200 • Fax 216.520.1828crescorealestatecom
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
THRIVING BUSINESS & REAL ESTATE FOR SALEWildwood Acres Family Campground6091 Marvin RoadAndover, Ohio 44003
Wildwood Acres Campground Financial Summary (Continued)
ANNUAL RENT
PROJECTED FUTURE PERFORMANCE IF 100 SEASONAL SITES ADDED
Total Number of Camp Sites 416 (100 sites added at $1,000 per site) $54,072.00
Seasonal Sites 354 [RATE: $1,450 per site, assume 90% leased] $21,900.00
Daily Sites (with Electric & Water) 62 [RATE: $32-$35 per site, 16 weekends per year]
GROSS INCOME $494,706
EXPENSES $211,403
Cost to add 100 sites $10,000 (Amortization of $100,000 cost over ten year period)
2015 expenses + 3% increases $201,403
*NET INCOME $283,303
*Before depreciation, salaries to officers, and rent paid to affiliated entity
$46,800.00
$26,400.00
$112,472.00
Eric Schreibman, J.D.Senior Sales Associate 216.525.1471 [email protected]
Christopher B. Giusto, J.D.Executive Vice PresidentSignature Commercial Real Estate LLC 216.799.9712 [email protected] 3 Summit Park Drive, Suite 200
Cleveland, Ohio 44131 Main 216.520.1200 • Fax 216.520.1828crescorealestatecom
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
THRIVING BUSINESS & REAL ESTATE FOR SALEWildwood Acres Family Campground6091 Marvin RoadAndover, Ohio 44003
Wildwood Acres Campground Financial Summary (Continued)
ANNUAL RENT
PROJECTED FUTURE PERFORMANCE IF SEWER TREATMENT PLAN ADDED
Total Number of Camp Sites 416 (100 sites added at $1,000 per site) $54,072.00
Seasonal Sites 354 [RATE: $2,000 per site, with sewer, assume 90% leased] $21,900.00
Daily Sites (with Electric & Water) 62 [RATE: $40 per site, 16 weekends per year]
GROSS INCOME $675,680
EXPENSES $231,403
Cost to add 100 sites $10,000 (Amortization of $100,000 cost over ten year period)
Cost to add sewer treatment $20,000 (Amortization of $200,000 cost over ten year period)
2015 expenses + 3% increases $201,403
*NET INCOME $444,277
*Before depreciation, salaries to officers, and rent paid to affiliated entity
$46,800.00
$26,400.00