200 Acre Retreat near NYC Seeking $2M Equity for Expansion

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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

Prime 200-acre retreat location just one hour from NYC.
Significant investment in existing infrastructure with potential for substantial growth.
Opportunity to develop luxury cabins, spa, and wedding center on private estate.

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