RV/ Campground Deal

Looking for advice for a newbie. I found a 27 acre campground for sale in my area in Wisconsin. Due to illness of the owners the campground has been closed for approximately 5 years. The campground is 98 sites (80 seasonal, 18 nightly) The property includes a 2 bed, 2 bath home with 2 car garage and campground office, covered inground pool, additional 54x98 shed and is set on a 120 acre public lake with a sandy beach and 2 sets of docs out in the lake. According to the realtor the there will be a good amount of cleanup and work that would need to be done to make the campground operational again. The asking price is $1,500.000. The owner also has adjacent lots that total an additional 71 acres and is asking $2.2 mil for the entire property.

The idea is to re-open the campground and eventually convert some or all to a tiny home community. The owner does not have an financial history available for the campground.

Looking for any and all advice.

If you’re still seeking for help email me at vyhua16@gmail.com