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RV Park/Campground Details

  • Price: $1,950,000
  • Purchase Method: Cash
  • Cap Rate: 8.0%
  • Property ID: 1366913
  • Posted On: Dec 10, 2020
  • Updated On: Jan 12, 2022

Property Description

Located on ±15 acres (leased) on the north end of the Bighorn Mountains near the popular Medicine Wheel historic site, this successful business enjoys strong financial returns with strong historic and forecasted cap rates achieved by delivering a unique and wide array of lodging, entertainment, recreational, and retail sales. A malt beverage liquor license is included. Wyoming High Country Lodge (WHCL) enjoys outfitter rights for hunting and recreational activities on the coveted mountain areas 38 and 39, in addition to hunting on area BLM lands. While no real no real property is included in the sale, this turnkey offering includes all personal and intellectual property used for the business. Please visit their website for details about all their operations: http://wyhighcountry.com

The property is set up to add RV Parking and Camping.

Seller will assist in the transfer of the USFS lease required to operate. The current operation includes a completely independent and highly qualified management team capable of all guest services and operational requirements so absentee ownership is possible. As is, WHCL can provide a recreational minded investor a secure income with the benefit of having one's own year-round recreational playground atop the Bighorn Mountains.

Location

located off Forest Service Rd. 13 about 20 miles west of Bear Lodge or 5 miles east of the Crystal Creek turn-around on HWY 14A coming from Lovell. Turnoff is just east of the road to the Medicine Wheel.

Amenities

  • Laundromat
  • Club House
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Financial Information (Actual)

Net Operating Income $175,000
Debt Info Call or email broker for financial information

Utility Information

Water: Well
Sewer: Septic

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