Property details

New Idaho RV Park For Sale, Northwest Region

Property Description

New Idaho RV Park For Sale

Operating more like a mobile home park with monthly lot rents during the 6 winter months starting October 1st, with the added flexibility of tripling rents 6 months out of the year for daily renters starting April 2st..

Rare, and perhaps once in a lifetime opportunity to own a top quality property with top quality tenants paying top quality rents.

Opened in 2021.

This is the nicest park within 100’s of miles.

This RV achieved 100% occupancy even before it's grand opening and has a waiting list close to 100.

Great opportunity to buy in on an immediately stabilized RV park with extremely high quality and demand.

Approx. 125 RV stalls.

Each stall has full hookups which will include water, sewer and 20/30/50 amp power.

Currently, this park will be leaning directly to year round tenants (as opposed to partial year vacationing tenants) due to the current high shortage of housing in the area and high prices for homes.

First come first serve, family friendly, majority of stalls will be for full time residents.

Utilities: City services, fiberoptic with wifi throughout for a fee.

Electricity: Individually metered.

This park is priced firmly at a 5.00% cap rate and the owner will not entertain any offers below this price.



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Highlights

Status:
Available
Price:
$12,200,000
Cap Rate:
5.00%
 

Property Information

Property Type:
RV Parks
Industry Type:
RV Park
Units/Spaces:
125
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.