Acre Holdings, LLC, is arranging for the acquisition of undivided real estate interests in the above property by a limited number of investors. The property consists of 125 acres in Weedsport, NY, of which only 30% have been developed.

There are 362 existing RV sites with expansion plans for more sites, a restaurant, and 24 boat/jet ski slips with room to add another 20. The listing price was $3,199,000 but purchase price was negotiated to $2,800,000.

Acre Holdings is seeking a total investment of $1,025,000 (covers 30% down payment, closing costs, some expansion and renovation). Cash flow distributions are made monthly.

Targeted ROI: 28%
IRR:  43%

What to keep in mind according to the RV Industry Association:

  • RV ownership has reached record levels.
  • Population and demographic trends favor long-term RV market growth.
  • Baby boomers entering retirement.

To read more or if you’re ready to move, visit the eVest Marketplace and speak directly with the sponsor.


About the Author

Dan Summers

Dan is the Founder and CEO of eVest Technology.

During his 30-plus-year career in real estate, Summers has been instrumental in some of the nation’s largest real estate transactions. Having spent decades interfacing with Goldman Sachs, Lehman Brothers, Deutsche Bank, CBS, Westinghouse and Bank of Boston, among others, Summers has built a national reputation for integrity, honesty and transparency.

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