Italiaander and Roop of The Boulos Company sell 77-acre Wassamki Springs Campground for $6 million

Scarborough, ME Wassamki Springs Campground — a 77.82-acre, 261-site property at 56 Saco St. — has found a new owner after generations in the Hillock family. William A. Hillock Corp. sold Portland’s closest campground property to the out-of-state buyer Wassamki Springs Campground, LLC for $6 million.

“As you can imagine, selling a campground has a lot of moving parts and intricacies that we couldn’t predict,” said sellers Bonnie and Richard Hillock. “Joe and Nate [from The Boulos Company] were professional and responsive throughout the entire process and made sure we were comfortable with everything at all times. Their communication was honest and well-informed. There were many times they jumped on a call at a moment’s notice to put our minds at ease, take care of any issues that cropped up, and provide further explanation as needed. Joe and Nate provided exceptional service, and their knowledge of the local markets was 10 out of 10. In the end, they carried us over the finish line.”

The Hillock family owned and managed the campground for multiple generations, long enough that various groups approached the family over the years hoping to buy it. And as the owners neared retirement, they decided the time was right to explore a sale. Rather than field those offers directly or list the property on the open market, they engaged The Boulos Company to execute a confidential, targeted process, which ultimately brought in the out-of-state buyer.

Timing added a layer of complexity: the campground was fully operational through the spring and summer months while the sale came together, and keeping the process confidential meant discretion from everyone involved to ensure day-to-day operations continued without interruption.

The new ownership plans to invest significant capital into renovating the property and intends to keep Wassamki Springs running as a campground for the foreseeable future.

Joe Italiaander and Nate Roop of The Boulos Company represented the seller.