50 units(sites) - We need funding to help develop

[Christopher Philbrick]

Campgrounds- This isn’t mentioned much on Bigger Pockets…. We have a defunct campground that needs work, but has huge up-side potential.  I would like to know if anyone has looked into funding for this type of project or if anyone has considered renting an annual lot and setting it up like a glamp-site.  We currently have 4 full hook-up seasonal 30’x60’ sites rented for $1000/month each.   We are adding 10 more full hook-up sites and have campers waiting to move in.  Tiny houses would be perfect here…. Please share your thoughts.  We are scrambling to make a good plan.

[Kristi Kandel]

Quote from @Christopher Philbrick:

Quote from @Kristi Kandel:

Quote from @Christopher Philbrick:

Campgrounds- This isn’t mentioned much on Bigger Pockets…. We have a defunct campground that needs work, but has huge up-side potential.  I would like to know if anyone has looked into funding for this type of project or if anyone has considered renting an annual lot and setting it up like a glamp-site.  We currently have 4 full hook-up seasonal 30’x60’ sites rented for $1000/month each.   We are adding 10 more full hook-up sites and have campers waiting to move in.  Tiny houses would be perfect here…. Please share your thoughts.  We are scrambling to make a good plan.

 I just got off the phone with a RV / campground owner and developer. There is definitely a business model there if you want to run the operations. It's on the smaller side so I'm not sure if that group is interested in it but think of it like a mobile home park from a numbers and development standpoint. 

Assuming you own the dirt what's the urgency to develop/expand as that will likely dictate your strategy. 

Buying the dirt- don’t own it yet.  I really appreciate the response!

We are marketing the event center and have had a few nightly campers in this season ($85/night).  Things are coming along, but slowly.  (Hurricane Ian pulled me away from the NJ project last fall to rebuild our quadplex on Fort Myers Beach.)😬

 You also were impacted in FMB? I live mid island and thankfully just needed to repair my property not completely rebuild. It still took 3 months to live at home again after  I got water and sewer back at the property and later internet. I went back to Tahoe to live for 9 months until the grocery store opened. We will definitely have 7-15 years for the island to completely redevelop. My team created the website restorefmb.com to share lots of resources with the community. Architects, engineering, contractors, lenders, AHJ info, etc. If you need any help in FMB let me know and I'll see if we've come across any resources to share!