Category: Recent Transactions

Modern America Campgrounds, the largest RV park owner in the Northeast, announced its acquisition of Thomas Point Beach & Campground in Brunswick, ME. This marks the company’s 28th park acquisition in the last 24 months, further solidifying its position as a leader in the outdoor hospitality industry. Thomas Point Beach was started in 1956 by Harry and Marion Crooker. The 80-acre Oceanside Park was owned and operated by the family up until the sale of the property. Modern America was selected to purchase the property because they intend to carry…

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…

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 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 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 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…

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…