200 Acre Retreat near NYC Seeking $2M Equity for Expansion
Financial Details
- Asking Price:
- $2,000,000
- Annual Revenue:
- $300,000
- Cash Flow / SDE:
- $25,000
- Profit Metric:
- Monthly Revenue
- Valuation Multiple:
- 80.0x
- Location:
- Blairstown, NJ, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Description
This listing presents a unique investment opportunity for a 200-acre retreat located less than an hour from New York City. The property currently features three homes, a 5-acre lake, tennis courts, horse stables, and amenities for hiking, fishing, and camping. Substantial capital, close to $1 million USD, has already been invested in upgrades, including new roads, home renovations, docks, and decks. The current operation generates between $15,000 and $35,000 monthly without any marketing efforts. The owner is seeking $2 million in equity for Phase 1 of a two-phase development project. Phase 1 involves building 20 additional 400-500 SF cabins and a 15,000 SF spa/wedding center/restaurant. Phase 2 requires an additional $8 million, with a total project cost of approximately $18 million, to be financed through debt, grants, and equity. The project boasts a strong team, including a design team from Montreal and the UK, and a high-end spa management company. This development aims to create a unique French-style getaway near NYC, featuring a private 200-acre estate. Engineering is complete, the property is owned, and a liquor license is in contract, positioning the project for immediate advancement.
Industry Information
- Industry Description:
- Travel
- Classification:
- Travel
Real Estate & Lease
- Status:
- Owned
Listing Details
- Listing ID:
- 835224b6-7478-4691-b76f-d2244cf406d1
- Deal Status:
- For Sale
- Date Posted:
- May 19, 2023
- Last Updated:
- September 15, 2025
- Currency:
- USD