Sned Acres offers a great investment opportunity for the discerning investor, located right on the wine trail in the beautiful Finger Lakes. Campers have enjoyed this 57 acre camp and consistently returned year after year. Word of mouth is the only advertising and still, there is a waiting list of 75 people for seasonal camping sites. Demand is strong offering tremendous opportunity to grow.
There are currently 43 seasonal sites, 34 full hook-up sites, 7 cabins, 5 rental trailers (with sites for three more) and at least 14 tent sites. The Airbnb home and its 6 acres is not included in this sale but may be added to this sale. The immediate upside potential consists of raising rates, using the main house on the property as an Airbnb, and adding the 14 approved camping sites. These improvements can all be accomplished in year one and would tremendously increase overall value and gross revenue. There is a camp store. There are additional opportunities which include; a second approved pool, along with a Recreational building with an apartment above. This is an ideal space for a full time on-site staff member to be housed, offsetting their salary requirements.
There are currently 43 seasonal sites, 34 full hook-up sites, 7 cabins, 5 rental trailers (with sites for three more) and at least 14 tent sites. The Airbnb home and its 6 acres is not included in this sale but may be added to this sale. The immediate upside potential consists of raising rates, using the main house on the property as an Airbnb, and adding the 14 approved camping sites. These improvements can all be accomplished in year one and would tremendously increase overall value and gross revenue. There is a camp store. There are additional opportunities which include; a second approved pool, along with a Recreational building with an apartment above. This is an ideal space for a full time on-site staff member to be housed, offsetting their salary requirements.
Property Details
Price:
$1,750,000
MLS #:
R1519779
Status:
Active
Beds:
0
Baths:
0
Address:
6590 S Cayuga Lake Rd
Type:
Commercial
Subtype:
Business
City:
Ovid
Listed Date:
Feb 5, 2024
State:
NY
Finished Sq Ft:
2,300
ZIP:
14521
Lot Size:
58 acres
Year Built:
1969
Listing courtesy of Crane Realty,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-28.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-28.
6590 S Cayuga Lake Rd
Ovid, NY
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Schools
School District:
South Seneca
Interior
Heating
Propane, Forced Air
Exterior
Construction Materials
Wood Siding
Parking Features
Driveway, On Site
Parking Spots
130
Roof
Asphalt, Metal, Shingle
Financial
Buyer Agent Compensation
2%
Taxes
$11,186
Map
Community
- Address6590 S Cayuga Lake Rd Ovid NY
- CityOvid
- CountySeneca
- Zip Code14521
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