Northern Outdoors - Wason Associates

Wason Associates Hospitality Real Estate Brokerage Group
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NEWLY AVAILABLE FOR ACQUISITION
Northern Outdoors
Address
1771 US Route 201
The Forks, Maine 04985
Fast Facts
Northern Outdoors is the
only rafting and adventure
resort with its own brewery.
1,770” of frontage on the
Kennebec River
30 rental units
Maine’s Premier Adventure
Resort is for Sale!
Northern Outdoors Adventure Resort is Maine’s premier adventure resort and the only
rafting and snowmobiling resort in Maine with its own pub and brewery! The resort boasts
beautiful private log cabins, an exquisite main lodge with a spacious lounge, and much more.
This resort was Maine’s first whitewater rafting company and continues to employ only the
most inspired, expert guides and a friendly, welcoming staff.
Northern Outdoors enjoys the best location in The Forks, nestled along Martin Pond, the
Kennebuc River, and acres of untouched wilderness. Additionally, it has an ample selection
of private cabins, ranging from one to five bedrooms, as well as camping options and a
full-service restaurant that is open year-round for breakfast, lunch, and dinner. A premiere
destination for out-of-towners and locals alike, the Northern Outdoors Adventure Resort is a
prime investment opportunity, right in the heart of Maine.
Riverfront campsites
The property for sale includes four parcels:
Parcel 1: The Forks Resort Center..................................................................................................... page 2
Cost
$4.5 million
Parcel 2: Northern Outdoor Adventure Club............................................................................. page 3
Parcel 3: Employee Parking.................................................................................................................. page 3
Parcel 4: Campground & River Wild................................................................................................ page 4
Adventurous travelers have been visiting Northern Outdoors Adventure Resort for
decades; they come to enjoy outdoor adventures with family and friends and create
memories that last a lifetime. Don’t miss the opportunity to be a part of this authentic
Maine experience and share in this property’s great prosperity and success. For more
information or to request a financial due diligence package, please inquire to Earle Wason,
CCIM, at [email protected] or call 603-498-1899.
Earle Wason, CCIM
[email protected]
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One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
Northern Outdoors
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Northern Outdoors Adventure Resort consists of four
land parcels that make up the property.
Parcel 1: The Forks Resort Center
Features & Attributes:
As the hub of the excitement for the Northern
Outdoors Adventure Resort, The Forks Resort Center
is home to the reservations office, lodging and rafting
check in, and all the resort amenities. This parcel of
the property includes the main lodging complex, 10
townhouse guest rooms, full-service restaurant, and
the Kennebec River Brewery. This extraordinary
wilderness resort also includes 11 one- to fivebedroom private cabins; beautiful pavilion; fullyheated swimming pool; large whirlpool hot tub that
comfortably seats 20 guests; game area and patio for
relaxation; well-equipped fitness center; and free
Wi-Fi, so guests always feel connected.
• Main signage is highly visible from the street
Located at 1771 Route 201 just east of the roadway,
the main parcel of the Northern Outdoors Adventure
Resort property consists of over 100 acres of
picturesque land in The Forks, Maine.
• Highly-integrated computer reservation system, “Adventure Res”
• Fully-heated pool w/ water volleyball for endless fun
• Outdoor, year-round whirlpool spa, seats 20 comfortably
• Large patio behind lodge offering tables & umbrellas w/ breathtaking
views
• Well-equipped exercise room for your fitness-minded guests
• Restaurant seats 60 w/ample outdoor seating, additional 30 for special
events
• Screened-in outdoor pavillion with 140 seats for dining and events
• Onsite well for domestic water supply and water supply lines to
buildings
• Onsite septic disposal system with sewer lines to buildings
• Three former railroad boxcars for ample storage
• Moveable 2,000-gallon aboveground gasoline tank with dispenser
• Stationary 1,000-gallon diesel tank with dispenser
• Gravel parking areas & roadways
• Seasonal dock on Martin Pond
For more information or to request
a financial due diligence package,
please inquire to Earle Wason, CCIM,
at [email protected] or
call 603-498-1899.
Earle Wason, CCIM
[email protected]
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• Smoke & heat detectors, and all buildings, are up to code
• For more, visit: www.northernoutdoors.com
Guestroom Amenities:
• Modern stoves, refrigerators, microwaves, coffee makers, dishwashers,
washer/dryers, TVs, fresh linens & towels.
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
Northern Outdoors
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Northern Outdoors Adventure Resort consists of four
land parcels that make up the property.
Parcel 2: Northern Outdoor Adventure Club
Parcel 3: Employee Parking
The Northern Outdoor Adventure Club is a timeshare parcel that
fronts on Martin Pond and is surrounded by the beautiful 80 acres
of The Forks Resort Center parcel. The timeshare parcel consists
of more than 25 acres and includes four modern, comfortable
rental cabins participating in a timeshare program. This timeshare
program includes 73, 40-year leasehold interests, the first of which
expires on March 5, 2040 and the last on January 7, 2048. There are
21 leases for one-week of usage annually and 52 leases for one-week
of usage biennial. All together, they consist of 47 weeks of usage per
year which is the equivalent of approximately 0.9 units.
The employee parking parcel is nestled on the western side of Route
201 across from the main parcel. It consists of 1¼ acres. This parcel
includes a gravel parking lot for employees and two small sheds for
storage. Convenient access to the river trail is available from the
employee parking lot on this parcel.
Features & Attributes:
• Shed
Features & Attributes:
• Access to river trail
• Gravel parking
• Garage
• Four modern, comfortable rental cabins
• 73 leasehold interests sold
• Gravel roadways and parking lots
• Underground water distribution lines and sewer lines
Cabin Amenities:
• Modern stoves, refrigerators, microwaves, coffee makers,
dishwashers, washer/dryers, TVs, fresh linens & towels.
For more information or to request a financial due diligence package, please inquire to Earle Wason,
CCIM, at [email protected] or call 603-498-1899.
Earle Wason, CCIM
[email protected]
W!
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
Northern Outdoors
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Northern Outdoors Adventure Resort consists of four
land parcels that make up the property.
Parcel 4: Campground & River Wild
Features & Attributes:
The campground is located along Route 201 across from the
main parcel and consists of nearly 20 acres with frontage on the
Kennebec River. The parcel is owned by Central Mail Power
(CMP) Company; the lease with CMP expires March 31, 2016.
This parcel includes a bathhouse, well, and septic system, and
an improved campground with 53 campsites, 17 of which have
platform tents. The Northern Outdoors’ cabin tents are large,
bright, airy tents that are suitable for two to four campers and
feature a wooden floor, screen door, electric lighting, and single
beds with foam mattresses. Fire rings and picnic tables are also
available at each cabin tent site. For guests who want to camp in
style while still being economical, these comfortable wilderness
accommodations will do the trick.
• All campsites have a fire pit
• Cabin tents with electrical connections, wooden floors, screens,
and foam mattresses
• 10-person employee housing
• Two small cabins with views of the Kennebuc River
• Storage barn with loading area
• Gravel roadways and parking
• Bathhouse
• Both campgrounds located on the Kennebec River
• Six RV sites with electricity
• Four four-man cabin tents
The campground parcel is located directly across from the main
lodge, which offers approximately 20 acres of land. River Wild
abuts the campground parcel and includes 13 four-man cabin
tents, 13 two-man cabin tents, and 23 campsites. Additionally,
River Wild includes 11 acres on the easterly side of Route 201
and a one story house that is currently used for employee housing;
it provides living quarters for up to 10 staff members. This site
also has a storage barn for rafts and other equipment, as well as a
loading area for inflated rafts to be secured to trailers and hauled
to the river.
• Two cabins with two-bedrooms and loft
• Four employee resident cabin tents
For more information or to request a financial due diligence package, please inquire to Earle Wason,
CCIM, at [email protected] or call 603-498-1899.
Earle Wason, CCIM
[email protected]
W!
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
Northern Outdoors
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Attractions
The Resort
Northern Outdoors is a premier adventure resort located in the beautiful wilderness of western Maine
that provides guests with the opportunity to have a few wild adventures and make memories that will
last a lifetime. The adventure resort includes a main lodge with a large fireplace, full-service pub and
restaurant, and the Kennebec River Brewery where you can grab a cold, refreshing beer after a long
day of fun. There are a variety of 1 to 4+ bedrooms cabins and a riverside campground, as well as
amenities such as a swimming pool, hot tub, game area, free Wi-Fi, and a whole lot more. Northern
Outdoors guests enjoy some of the best whitewater rivers around for whitewater rafting adventures
and extensive trail systems for hiking, snowmobiling, and ATVs.
The Brewery
Established in 1996, the Kennebec River Brewery is one of Maine’s oldest craft breweries. The
Kennebec River Brewery is located in the main lodge at Northern Outdoors which is the only rafting
and adventure resort with its own brewery in New England. Guests can relax in the casual comfort
of the brewery where they can enjoy a specialty Maine beer after a long day of fun and adventure.
The Kennebec River Brewery creates handcrafted beers that are always on tap and offers a unique
addition to the Northern Outdoors adventure resort experience.
The Cabin Rentals
Northern Outdoors guests can spend their vacation adventure staying in one of the many rental
cabins that are ideal for almost any budget and set of needs. These cabins provide access to Maine’s
beautiful wilderness playground where guests can enjoy activities from whitewater rafting to
exploring the many trail systems enjoyed by hikers, snowmobilers, and more. Northern Outdoors
guests can choose from adventure resort cabins at The Forks Resort Center.
For more information or to request a financial due diligence package, please inquire to Earle Wason,
CCIM, at [email protected] or call 603-498-1899.
Earle Wason, CCIM
[email protected]
W!
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
Northern Outdoors
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Attractions
The Rafting
Since 1976, Northern Outdoors has been known as the pioneers of whitewater rafting and is one of
Maine’s best whitewater rafting trip destinations. Northern Outdoors believe that whitewater rafting
is one of nature’s best roller coaster rides and sets out to give guests the time of their life on their
adventure vacation. Guests can choose from three unique Maine rivers including the Kennebec,
Penobscot, and Dead Rivers, and Northern Outdoors will create the perfect rafting vacation whether
it’s a guest’s first time or they are high-adventure enthusiasts.
The Snowmobiling
Northern Outdoors is also Maine’s premier snowmobile resort destination and appeals to
snowmobilers because it was created by snowmobilers to enjoy the wild outdoors and beautiful
winters that Maine has to offer. There are 13,000 miles of groomed snowmobile trails in Maine and
they are regarded as some of the best trails in the entire country. Whether experienced snowmobilers
or just getting started, Northern Outdoors has trails for everyone and offers a popular Midweek
Snowmobiling Sampler that is an excellent way to introduce snowmobiling to guests.
The Adventures
In addition to Northern Outdoors whitewater rafting, snowmobiling, and beautiful vacation cabins
and campgrounds, there are an abundance of adventure getaways that guests can enjoy. From family
adventures to fishing, ATV rentals and tours, hiking, golfing, motorcycle tours, and much, much more,
guests can make the most of Maine’s stunning landscape. Guests can enjoy their favorite activities
on guided or self-guided trips that are available for all ages and skill levels to make each guest’s
vacation the best experience possible.
For more information or to request a financial due diligence package, please inquire to Earle Wason,
CCIM, at [email protected] or call 603-498-1899.
Earle Wason, CCIM
[email protected]
W!
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
Northern Outdoors
Supporting Materials
Earle Wason, CCIM
[email protected]
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One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
W!
Northern Outdoors
Supporting Materials
Earle Wason, CCIM
[email protected]
W!
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
W!
Northern Outdoors
Supporting Materials
Earle Wason, CCIM
[email protected]
W!
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
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Northern Outdoors
Location Map
Earle Wason, CCIM
[email protected]
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One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com
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Northern Outdoors
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Company Bios
Earle Wason, CCIM
Cell: 603-498-1899 | [email protected]
Earle has been involved in commercial real estate industry for thirty-four years. He maintains an excellent relationship with some of the
fastest growing hotel companies in the Northeast, other New England commercial real estate brokers and New England hotel brokers. He
holds the CCIM designation and has held positions as the president of the New England CCIM Chapter the president of the New Hampshire
Commercial and Investment Division of the NH Association of Realtors.
He specializes in the structuring and management of all aspects of hospitality transactions and has brokered more than 250 hotel/motel and
resort sales in the last 20 years. Several of Earle’s initial clients had only one or two hotels when he began working with them, now these
clients have up to 35 hotels. Earle takes pride in his very strong track record of confidential brokerage of hotel facilities and specializes in the
structuring and management of all aspects of hospitality transactions.
Peter Annon, CPA, RFC
Cell: 603-848-0456 | Home Office: 603-223-0320 | [email protected]
Peter Annon is a Certified Public Accountant with over 20 years experience and a licensed real estate salesperson, having provided services to
business owners, real estate developers, management companies and hospitality firms.
Peter’s concentrations include: minimizing federal and state tax obligations of hospitality transactions using strategies such as Section 1031
tax deferred exchanges, installment sales, asset allocation and other means to maximize after tax returns. He helps in maximizing financial
returns to the owner/seller by assessing the effectiveness of a property’s operation, and evaluating possible repositioning opportunities.
He is a member of the American Institute of Certified Public Accountants.
Joe Cardillo, Broker Associate
Cell: 603-520-5001 | Home Office: 603-526-5949 | [email protected]
Joe Cardillo has a diverse business background that encompasses sales, management, finance and ownership in both the retail and hospitality
industry. He is a graduate of the University of Albany in New York where he earned a Bachelor of Science degree in marketing and business
administration. After college, he moved to New Hampshire where he had his initial experience in management in the hospitality industry.
During this time he also served several terms in various government positions; where he gained valuable experience in zoning and planning
issues often related to real estate development.
Earle Wason, CCIM
[email protected]
W!
One New Hampshire Ave, Suite 125
Portsmouth, NH 03801
Telephone: 603.766.498
www.hospitalityrealestate.com