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Woodland Campgrounds 291 Gilmour Rd 107 Unit Mobile Home Park $950,000 ($8,879/Unit) 9.49% Cap Rate Somerset, PA 15501



INVESTMENT HIGHLIGHTS
- Strong Cash Flow On Entry
- Recent Capex Improvements To Utility Infrastructure & Amenities
- Central Location & Proximity To Lake Somerset & Local Attractions
EXECUTIVE SUMMARY
The Esterson MHC Team is pleased to present Woodland Campgrounds a 107-unit RV and campground located in the scenic Laurel Highlands in Somerset, Pennsylvania. This value-add investment opportunity features 94 income-producing RV pads, 9 tent sites, 3 cabins and 1 single-family home with amenities and additional upside through occupancy and rents.
Centrally located in Somerset, PA and directly across the street from Lake Somerset – the property benefits from proximity to major outdoor attractions including Laurel Hill State Park, Seven Springs Mountain Resort, and the Great Allegheny Passage. The Somerset region is known for its tourism, recreational offerings, and affordability, making it an attractive destination for seasonal and extended-stay RV tenants and campers.
The community includes 107 rentable units comprised of 50 seasonal RV lots, 19 full hookup RV lots, and 25 RV lots with water/electric available. There are an additional 9 tent sites and three cabins, along with a single family home that currently houses the on-site manager. Seasonal RV tenants pay $2500 per year and there are currently 27 tenants. Daily RV rates vary between $45-$75, and short-stay monthly RV tenants (not seasonal tenants) pay $610 for water/electric or $710 for a full hookup site. Tent camping rates are $30, and increase to $39 on the weekend. The park is expected to bring in approximately $95,500 gross revenue for the 2025 season. The season spans April 1st to October 31st. With steady income and upside in both occupancy and rents, this opportunity presents a high cash flow and value add asset in a prime location.
The park operates on a private well and septic system with landlord-paid utilities for water, sewer, trash, and electric. The seller has made significant investments in upgrading the well and septic systems. The seller has also done major renovations to the amenities, including re-lining the in ground pool, updated clubhouse, replaced the roof on the bathhouse, updated the inside of the bathhouse, and tree removal. The roads within the park are mostly paved with some remaining gravel areas.
With an already strong and consistently growing tenant base year over year, along with major infrastructure improvements and amenity upgrades already completed by current ownership, Woodland Campgrounds offers investors the ability to capture remaining upside in occupancy and rents while enjoying steady in-place cash flow in a premier location within Somerset.
We are asking investors to submit offers at $950,000. Investors are invited to submit competitive offers. All offers must include pricing, inspection period, funding source, and appropriate due diligence timelines. Woodland Campgrounds represents a cash flowing high-yield investment in a picturesque, tourism-driven region of Western Pennsylvania, ideal for passive investors seeking income stability and upside potential.
Centrally located in Somerset, PA and directly across the street from Lake Somerset – the property benefits from proximity to major outdoor attractions including Laurel Hill State Park, Seven Springs Mountain Resort, and the Great Allegheny Passage. The Somerset region is known for its tourism, recreational offerings, and affordability, making it an attractive destination for seasonal and extended-stay RV tenants and campers.
The community includes 107 rentable units comprised of 50 seasonal RV lots, 19 full hookup RV lots, and 25 RV lots with water/electric available. There are an additional 9 tent sites and three cabins, along with a single family home that currently houses the on-site manager. Seasonal RV tenants pay $2500 per year and there are currently 27 tenants. Daily RV rates vary between $45-$75, and short-stay monthly RV tenants (not seasonal tenants) pay $610 for water/electric or $710 for a full hookup site. Tent camping rates are $30, and increase to $39 on the weekend. The park is expected to bring in approximately $95,500 gross revenue for the 2025 season. The season spans April 1st to October 31st. With steady income and upside in both occupancy and rents, this opportunity presents a high cash flow and value add asset in a prime location.
The park operates on a private well and septic system with landlord-paid utilities for water, sewer, trash, and electric. The seller has made significant investments in upgrading the well and septic systems. The seller has also done major renovations to the amenities, including re-lining the in ground pool, updated clubhouse, replaced the roof on the bathhouse, updated the inside of the bathhouse, and tree removal. The roads within the park are mostly paved with some remaining gravel areas.
With an already strong and consistently growing tenant base year over year, along with major infrastructure improvements and amenity upgrades already completed by current ownership, Woodland Campgrounds offers investors the ability to capture remaining upside in occupancy and rents while enjoying steady in-place cash flow in a premier location within Somerset.
We are asking investors to submit offers at $950,000. Investors are invited to submit competitive offers. All offers must include pricing, inspection period, funding source, and appropriate due diligence timelines. Woodland Campgrounds represents a cash flowing high-yield investment in a picturesque, tourism-driven region of Western Pennsylvania, ideal for passive investors seeking income stability and upside potential.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
1 1
PROPERTY TAXES
| Parcel Number | 420032810 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $65,940 |
PROPERTY TAXES
Parcel Number
420032810
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$65,940
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Woodland Campgrounds | 291 Gilmour Rd
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