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A seller agrees to finance a portion of the sales price over a specified term at a specified interest rate. If the seller is doing seller financing on the entire amount, the buyer pays a down payment up front, to the seller directly, and continues to make payments according to the agreement with the seller.
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$6,500,000 |
423484 |
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Very well established North Eastern park with a good seasonal base. The area is breathtaking with the wooded hills and valleys. Just a couple hours drive from millions of people! The park features 197 sites, 56 of them are full hookups, 56 are water & electric and 50 tent sites. 14 full service cabins, 21 motel rooms, 1 rental trailer and 40 mobile home sites gives guests a variety of lodging options. Pool, playground, nightclub, store, 2 owner's homes. Call us for more information! |
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$2,950,000 |
2137651 |
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The scenic area where this park is located features a very popular national park. This property has a total of 115 camping and rental sites available. This franchised park has many amenities and activities available on site, and many additional “things-to-do” in the surrounding area. The park has received many awards for the activities offered to guests. This park can be viewed as an attractive “destination campground” near a beautiful “destination vacation area”. This campground is in excellent condition and ready for the new owner to hit the deck running! |
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$2,800,000 |
599579 |
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This property of nearly 208 acres includes 504 sites. Additionally, the current owner operates a park model sales business here. The typical site measures 35’ X 70’. The park’s guest list includes approximately 200 seasonal campers. The park completely surrounds a 75-acre lake, providing a self- contained water recreation area for the campers. There is a 1000-foot sandy beach along the shore of the lake. This attractive, well-kept park has gently rolling to level terrain. This property is a large operation today, and yet there are about 75 acres that could be used for further expansion. This is one you could step into and have your business already nicely rolling along while you think about what you might want to do in the future. |
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$2,500,000 |
422225 |
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345 spacious RV sites, marina, restaurant, pool, pond in a very popular recreation area. Set along a river with nearly 1 mile of frontage, guests of all ages enjoy the water for swimming and boating. The mature trees, gently rolling hills and proximity to thousands of people aid in the success of this park. Don't let this turn-key operation pass you. |
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$2,400,000 |
426851 |
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13 Acres of leased land include 1,500 feet of frontage on a very popular sporting and recreation lake. Though the park is open year round, summertime is best for activities. Amenities include 68 sites and 1 yurt rental unit. Guests come to enjoy the lake and beautiful scenery. |
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$2,350,000 |
857090 |
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This 54-acre property includes 169 sites. There are 111 full hookup sites, 41 water and electric sites, and several no-hookup sites. The park is nicely treed with most sites getting plenty of shade during the day. The property is built along a picturesque hillside and is well laid out. Two sides of the park are fronted by a creek. The park has all the amenities on site to have its guests spend their days and nights at the campground. If someone decides to explore the area, however, there is much to see and do. Even though this property has a very rural “feel”, it is set within an area of the country steeped in history and big cities within easy driving distances. This park is an ideal base for exploring the surrounding area as well as taking the day off and enjoying what the property has to offer. |
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$2,100,000 |
434182 |
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Impeccably maintained park on 9.6 acres is located adjacent to a National Park and part of a mountainous wilderness area near a resort town. Guests come to this area for hiking, skiing, snowboarding and the night skies, enjoying all seasons. It is an outdoorsy atmosphere, rustic, with a frontier feel. The target is the “young at heart” wanting a destination park off the beaten track. The park features 21 full hookup sites and 20 cabins.
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$2,000,000 |
428925 |
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This 7.87 acre parcel is located near an Interstate and two important US highways. Basically an overnight RV park for weary travelers who enjoy settling in for a night. Guests come for the many natural sites in the area and it is a good stopping point for further destinations. Most important to guests is the sparkling facilities, big rig easy in and easy out site access and the acclaimed western barbecue restaurant. Easy menu offerings and daily specials contribute as an efficient part of the business. The outstanding barbecue ribs by themselves keep guests coming back. An opportunity like this doesn’t come around often!
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$1,650,000
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431693
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You've heard it before: Location, location, location, this might just be the one they were talking about. 35 Acres of beautiful scenery, fresh air, 550 feet of tidal saltwater shore frontage with fantastic views. Guests come to enjoy nature, reconnect with family and simply have a great time. The park features 50 large sites, 36 are full hookups, 2 cabins, heated pool with hot tub, laundry, recreation room with fitness area, playground and 3,500 square foot owner's home. |
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$1,600,000 |
426324 |
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This 10 acre property is open year-round. It features 118 sites, including 11 rental units. There are 69 full hook-up sites, and a large majority of those are pull-throughs. The park also provides tent- camping experiences. A major historical tourist destination is minutes away from this park. Many guests stay for a month or longer here, and the average stay is 1 week. Some guests come here to “see the sights” and others come to escape the snow-shoveling and windshield scraping chores of winter. |
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$1,495,000
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2147891
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This 57 acre franchised park currently has a about a 5 month season, early May to mid-September. Included in the resort’s 222 sites are 121 full hookups, 14 cabins, 72 partial hookups, and 15 no hookup sites. There were 51 full-season campers in 2009. This is a destination park that currently provides “much to do” for the vacationing family right at the park. Indeed, 57 % of the campers here are returning guests. Included in the activities are a large swimming pool, toddler pool, mini-golf, horseshoes, and a variety of social events, to name just a few. Simply put, activities abound in and around this campground. This park is highly rated and a truly excellent “turnkey” opportunity! |
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$1,300,000
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429598
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This level, 16-acre campground with 56 sites (including 24 pull-throughs) provides the perfect “base camp” to explore the varied geographical features and wildlife viewing and bird-watching opportunities that surround this park. The area includes a national wildlife refuge, mountain recreation opportunities, and a desert area. This property has a family restaurant, convenience store, gas station, gift shop, coffee shop, and saloon serving beer and wine. Currently, there is a corral and pasture area, too. All this includes 9 acres on which a new owner could expand the business. |
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$1,250,000 |
429926 |
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Bed and Breakfast for sale located adjacent to one of the more popular National Parks features 5 bedrooms, a cottage and a canoe livery. Close to all services, yet quiet and very comfortable. |
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$1,225,000 |
421495 |
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Recently rated by a national magazine as one of the best counties in which to raise a family. This park reflects the reason for that designation with its activities, friendly staff and beautiful setting. Definitely one of the best places to be for leisure activities. The park boasts 71 acres, 175 sites, 120 of which are seasonal, 2 fishing lakes, 1 swimming lake, a pool, game room, laundry, 3 bedroom, 2 bath owner's home, computer controlled gate, and much more. Turn-key opportunity! |
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$1,200,000 |
596732 |
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In a desirable location with 1/4 mile frontage on a very popular river for canoeing and floating. The fishing is great, too! In fact, championship tournaments are held nearby. This is the perfect combination of amenities to create a fun-filled, action packed atmosphere for your guests. They are busy on the river each day, come back to tell of their adventures all evening. Be the core of it by providing the setting. This offer includes 37 sites in areas, 4 motel units, 3 pavilions, 4 bedroom, 2 bath owner's home and a 3 bedroom, 2 bath rental home. |
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$1,195,000
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429007
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If fishing, fresh air, blue skies and green trees are on your "A" list, look no further. Located where the forest meets the ocean, this refreshing park is located in a historic small town known for its mild climate, wonderful fishing and beach activities. And, it's located right on on one of the busiest tourist-traveled highways in the entire US. Nearly an acre and a half used very wisely, the park features a huge house, 4-bay shop, 25 full hookup RV sites, 6 newer rental units, city water and city sewer. All recently refurbished and with a growing guest list and income! |
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$975,000 |
910975 |
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Great location between 2 major cities and near a destination area for winter and summer fun! This park had been closed for two years prior to the current owners. The current owners have made many improvements of which you will see the results! Not far from the Interstate in a small town with many services. Don’t wait too long for this much desired area! |
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$715,000
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427055
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20 acres nestled a private lake with a beach and flowing brook; both stocked for your fishing pleasure. Activities include outdoor fun with horseshoes, volleyball, croquet, basketball, swimming, fishing, badminton and a playground. Inside to enjoy ping pong, darts, video games and more. Get out on the water with the rental paddle boat and surf bike rentals or bring your own canoe, raft, rowboat and inflatables. Amenities include 55 sites, 4 cabins, a 6 room motel in a well established, solidly built resort. People come from all around to escape the city and take in the fresh air. Excellent opportunity! |
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$690,000 |
422635 |
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Very well maintained park with mature trees is not far from a popular state park that offers lake access. Guests enjoy the walking distance to town yet the benefit of a quiet setting. This park offers 100 sties, of which 60 are full hookups, 4 water and electric, 20 electric, the rest no services. Electricity is 20/30/50 amps.
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$615,000 |
600120 |
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8.5 Acres adjacent to a national forest and just 800 feet from a popular state forest that attracts guest for horseback riding on the trails. This park is along a state designated trout stream, has a lucrative country store, restaurant and ice cream parlor. The 25 campsites and 2 cabins are also very popular. Take a look at this diversified business opportunity! |
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$575,000 |
435591 |
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82 Acres of pure pleasure located a short distance from the Interstate. Country club atmosphere indeed has a 9-hole golf course, 7 acre fishing pond, a new 32 site RV park, tennis court, pool and a clubhouse. Facilities are first rate. |
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$479,000
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2383225
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This property may only take up 1.25 acres, but there is a whole lot packed into that space. There are 9 RV sites, a 3 room motel, and 2 additional rental units. The 260 feet of creek frontage includes a 16-slip marina and water access to the world. This park is centrally located in the state, but a series of lakes, creeks, and “waterways” leads the boater to the ocean. And, there are major tourist attractions within an hour of the park. This property provides a steady income today, and it could do even better with a new owner and a “fresh” set of ideas moving forward. Even though the footprint is small, this is a business with potential! |
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$395,000 |
440492 |
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Great place for families to have fun and make wonderful memories! Located just a couple hour's drive from 2 metropolitan areas. This park features 128 sites including 64 full hookups, 44 water and electric and 20 with no hookups. Pool, pond fishing, pavilion and planned activities are among the fun. |
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$175,000 |
923648 |
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This 7 acre campground features 30 sites, 28 of which have full hookups. Approximately 800 feet of creek frontage form the southern boundary of this park. This park has an expansive lawn, plenty of trees, and concrete pads for the pull-thru sites. In addition to the designated sites, the lawn area provides potential additional sites for use by tenters. The park has municipal water and sewer services. The current owner has made several recent improvements to this park. This one’s ready for an “as-is” buyer, but it also has 4 acres available for expansion. |
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$90,000 |
912409 |
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Very unique situation. This park was built in 2005 by and for a group of families who wanted a place to go on weekends and holidays. There are 8 designated full hookup sites and one with electricity on just over 4 acres. They have installed a pool, pavilion and restrooms. Now it is time for them to move on! Keep it as a family and friend project, or turn it into a money making business. Take a second look! |
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Why seller financing?
Even if they do, they might be reluctant for what they consider an untried new venture in unknown waters. When that buyer opens the doors to their lender of choice, they will find many hoops they need to go through and many personal documents they will need to supply. Of course they will reach into resources for the down payment the lender requires (20% to 30%) – and added to that will be extra costs – like document prep fees, etc. It is a common misconception in this industry for a seller to assume that if a buyer has a great credit score and the necessary down, it’s pretty much a “done deal.” Not so. The entire business will come under a magnifying glass as much, if not more, than the potential buyer. It will have to appraise at agreed sale price or more, or the lender will not open the vault. In the meantime, the seller are “mentally packing” with fingers and toes crossed, hoping the lender says “yes” many weeks after the application process is first started. With lenders experiencing recent losses from escalating housing foreclosures, they are very cautious about lending money right now. They’re requiring more i’s to dot and t’s to cross.
With seller financing a buyer and seller can “get creative” to each others advantage. The agreement can be “interest only” payments, for a part, or full duration of the time frame before a balloon payoff is due. If a buyer has intentions of investing in something to bring in needed revenue to support the business, the agreement can contain escalating payments each year for the duration of the agreement – even adjusted interest rates (starting lower, and each year increasing one half to one percent). The balloon term can be as few as 3 years before the balloon payment is due in full, or the loan can run the full course of years until the entire balance is paid off. This creativity often makes seller financing attractive to a buyer and seller.
If you desire to have any amount calculated in amortization forms, please do not hesitate to call. Our intent at PARKS AND PLACES is to insure you understand all the “doors” available to you toward the goal of buying or selling your business!
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