Private equity firm pays $7.5M for East Haddam RV campground

A 35.6-acre campground in East Haddam has sold for $7.5 million to a private equity firm.

In a deed recorded June 24, an affiliate of Camber Creek – a firm with offices in Maryland, New York, Washington and Palm Beach, Florida – acquired Wolf’s Den Family Campground.

The seller was an affiliate of Castle Park Investments, a Manhattan firm investing in manufacturing housing and RV parks.

The property at 256 Town St. hosts a 5,882-square-foot multipurpose building and a 3,256-square-foot club building dating to 1900 and a 532-square-foot lodge dating to 1940.

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Camber Creek describes itself as a private equity firm focused on “innovative,” real estate-related companies and cash-flowing real estate investments.

This was the second Connecticut recreational property to trade between Camber Creek and Castle Park in June. Another Camber Creek affiliate paid $9.52 million for a 165.2-acre campground and associated lakeside property in East Hampton.