Great opportunity to own not one, but TWO existing year round KOA Campgrounds in Lava Hot Springs, Idaho on the Portneuf River.
NOI (EBITDA) of $1.28M and CAP of 7.6 %.
RV Parks include a total of 124 RV sites, 11 tent sites, 33 cabins, 1 loft apt, 2 offices, 2 shops, 3 laundromats, bathhouses and playgrounds.
Recent upgrades include new 50/30/20 services, water hydrants, sewer services, automated sprinklers, internet, bath house, cabins, etc.
Opportunity to grow business by adding restaurant/food venues.
Turnkey operation with city services.
Also opportunity to purchase the East Koa location only for $11M.
https://koa.com/campgrounds/lava-hot-springs-city-center/
https://koa.com/campgrounds/lava-hot-springs/
https://www.lavahotsprings.org/ - Chamber of Commerce website
Shown to qualified buyers by appointment only.