Wanted

Investor for RV Park in North Central Idaho

14 acres – 21 sites – 1800 sq. ft. multi-use building

$650,000 – Sales Price – Cash or 1031 Exchange
$100,000 – Develop 20 additional sites
$750,000

Present owner will manage park construction and long term operation. We would want compensation as a annual salary plus 25% of net profit.

Income generation ability for an 8-months season on 41 RV sites is just over $250,000 with a 30% vacancy factor the gross should average $175,000 per season with an operating cost of $48,000 and a net of $127,000.

The land size is 14-acres of which an additional 30-40 plus sites could be added in the future should the demand warrant.