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60
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18
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David G.
  • Rental Property Investor
  • Los Angeles, CA
18
Votes |
60
Posts

Need real-world help underwriting a ground up glamping / micro-resort project

David G.
  • Rental Property Investor
  • Los Angeles, CA
Posted

Hi BiggerPockets community — I already have the spreadsheet, pro forma, and business plan templates. What I need now is help from experienced glamping or micro-resort operators who actually know how to fill them out with realistic numbers.

I’m trying to determine whether I can realistically afford a ground-up land-hacking micro-resort using a mortgage plus a small business loan, and I do not want to rely on guesswork or overly optimistic assumptions.

I’m specifically looking for people who have real experience with projects like this and can help me plug in accurate numbers for things like:

  • occupancy assumptions
  • ADR
  • utilities
  • septic, water, power, and infrastructure costs
  • site prep
  • management and labor
  • cleaning and turnovers
  • maintenance
  • marketing
  • financing costs
  • contingency and reserve assumptions

This is for a potential project in Hocking County, Ohio, and I’m trying to build a lender-ready pro forma that reflects real-world operations, not just a best-case scenario.

If you are an experienced operator, underwriter, consultant, or know someone who offers paid 1-on-1 help, I’d appreciate a referral. I’d also love to hear from anyone who has built or financed a glamping, campground, or micro-resort project and is willing to share how they approached their underwriting.

Thanks!