Athena Real Estate, LLC is pleased to announce the acquisition of Waterside Campground & RV Park, located at 475 Locust Road, Lewistown, PA, through an affiliate. The RV Park has beautiful waterfront views of both the Juniata River and Pennsylvania Canal. This 234-site RV park stretches across 167 acres with expansion potential and features full amenities. More than ten million people live within a three-hour drive of this scenic property, including residents of markets such as: State College, Harrisburg, Williamsport, Philadelphia, Pittsburgh, and Baltimore. This acquisition marks the 13th property…
Category: Recent Transactions
Forrest Street Partners Acquires Leisure Acres Campground in Cleveland, GA
Forrest Street Partners has acquired Leisure Acres Campground, an RV resort strategically located in Cleveland, GA, just an hour north of Atlanta. The park is close to Dahlonega, Helen, Dawsonville, and Gainesville, and brands itself as the “Gateway to the Mountains.” This strategic move aligns with the firm’s vision to cater to the RV community by offering top-notch service and necessary enhancements in Georgia and the Southeast. Leisure Acres features 135 RV sites and one cabin. Though the RV park has been maintained with high standards, the real estate firm…
Marcus & Millichap Brokers Sale of 16-Acre RV Resort in Kingsville, TX
Marcus & Millichap has brokered the sale of a 16-acre RV resort in Kingsville, located outside of Corpus Christi. Nature’s Own RV Resort features 115 sites and amenities such as a clubhouse, laundry facilities and a pool. Brad Dorsey and Skyler Henderson of Marcus & Millichap represented the seller and procured the buyer, both of which were local private investors that requested anonymity, in the transaction. Source
Modern America Campgrounds Acquires Lone Oak Campsites in East Canaan, CT
Modern America Campgrounds, the largest RV park owner in the Northeast, announced its acquisition of Lone Oak Campsites in East Canaan, CT. This marks the company’s 27th park acquisition in the last 24 months, further solidifying its position as a leader in the outdoor hospitality industry. Lone Oak Campsites will officially become part of the Modern America Campgrounds portfolio on Dec. 1, 2024. Modern America Campgrounds has recently introduced several innovative programs to enhance the camping experience for its valued seasonal members and transient guests. Seasonal pass members now enjoy…
Port of Woodland Acquires Columbia Riverfront RV Park in Woodland, WA
The Port of Woodland last week announced its acquisition of the Columbia Riverfront RV Park in Woodland for approximately $6.5 million. The nine-acre RV park, which has operated for decades, is situated along the Columbia River, nestled between existing Port of Woodland properties to the north and south. The location features 76 sites, a pool and a clubhouse. Interestingly, the property was once owned by the Port before being sold to its previous owners decades ago. Port of Woodland Executive Director Jennifer Wray-Keene said the acquisition aligns with the agency’s…
Inland Real Estate Acquisitions LLC Acquires Phoenix RV Park & Storage in Salem, OR
Inland Real Estate Acquisitions, LLC has negotiated and closed the purchase of Phoenix RV Park & Storage, an RV park in Salem, Oregon. Mark Cosenza, senior vice president of Inland Acquisitions, with assistance from David Neboyskey, VP and associate counsel of The Inland Real Estate Group, LLC, Law Department, completed the deal on behalf of an Inland affiliate. The asset was 92 percent occupied at closing. “I’m thrilled to acquire Inland’s first RV Park in Oregon complete with RV storage opportunities,” commented Cosenza. “The park’s ideal location within walking distance…
Partners Real Estate Brokers Sale of 153-Site RV Park in Baytown, TX
Partners Real Estate has brokered the sale of Lost River RV Park in the eastern Houston suburb of Baytown. Lost River RV Park spans 11 acres and features 153 sites and 47 self-storage units. Landan Dory and Cole Little of Partners represented the seller, an entity doing business as Lost River RV LLC, in the transaction. John Manion and Tiffany Hastiecurry of California-based NAI Capital represented the undisclosed buyer. The sales price was also not disclosed. Source
Forrest Street Partners Acquires Forsyth KOA RV Park in Forsyth, GA
Forrest Street Partners recently acquired Forsyth KOA, which is located north of Macon, GA. This acquisition is the second KOA franchise in Georgia and is a strategic move towards the firm’s vision to provide the best-in-class service to the RV community and make improvements in the Georgia and Southeast markets. The Forsyth KOA resort has 132 RV sites, ten tent sites, and eleven cabins. The RV Park has been well-maintained to the high standards that are typical of a KOA property. However, the real estate firm intends to…
RV Park Sells For Over $10 Million in Pinellas (Largo), FL
A 9-acre RV park in Largo has sold in a $10.5 million deal to a new operator. PJ Davis Inc. sold the Indian Rocks Travel Park, located at 12121 Vonn Road, to Beach House RV Resort LLC. The buying LLC entity is connected to Edward Zeman, a Chairman of Chicago-based real estate company Zeman Homes. The full-service RV community is located in a mixed residential area two miles from Indian Rocks Beach. According to its website, the park has 175 sites and provides propane services, an electric amp, storage during…
Dallas Firm Scoops up RV Park For $24 Million in Deerfield Beach, FL
A Dallas-based firm is the new owner of a Recreational Vehicle park in Deerfield Beach, amid an uptick in redevelopment of South Florida RV and mobile home complexes. Carter + Co., led by Clayton Carter, paid $24.1 million for the Highland Pines RV Resort at 875 Northeast 48th Street from an affiliate of Irving, Texas-based Moore Enterprises, according to records and real estate database Vizzda. The selling entity also has ties to Gerald Norman, Kenneth Malamed and Alan Lipman. Carter took out a $19.2 million mortgage on the property, as…