Refinancing Success: Fund III Ohio Campground Near Cincinnati, OH
Category
Latest Updates
Date
09/17/2025
Crystal View Capital is excited to share an update on our Ohio campground near Cincinnati, a 143-unit property acquired in January 2023. The property presented a significant opportunity for value creation, and our disciplined approach to operations and management has delivered meaningful results for our investors.
Through targeted operational improvements and strategic management, our team grew the net operating income by 30%. This was achieved by increasing rates by 20% and raising occupancy by 20% since acquisition, demonstrating the impact of active oversight and market-driven adjustments.
These performance improvements enabled us to secure a 10-year CMBS loan of $3,350,000 at 6.39% interest only, allowing us to pull out 87% of our initial equity capital. The refinance positions the property to deliver a projected 42% cash-on-cash return, creating immediate value for investors while setting the stage for sustainable, long-term growth.
This update underscores Crystal View Capital’s disciplined strategy: enhancing operations, unlocking value, and strategically leveraging financing. This same disciplined approach, recently applied to our 876-unit self-storage facility in Michigan, continues to deliver strong results and measurable outcomes for our investors across the portfolio.
By identifying opportunities, implementing focused improvements, and leveraging financing strategically, we are creating a platform for ongoing growth and operational excellence in every asset we manage.
Investors interested in participating in Fund IV or learning more about similar opportunities are encouraged to connect with our team to explore participation in our current portfolio.
Disclaimer: Past performance is not indicative of future results. The investment returns referenced herein, including IRR and MOIC, reflect historical outcomes specific to this asset and are not a guarantee of future performance. This communication is intended for informational purposes only and should not be construed as an offer to sell or a solicitation of an offer to buy any security or investment product. Any offering is made only pursuant to formal offering documents and in accordance with applicable securities laws.
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