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RV Park/Campground Details

Purchase Method: Cash, Seller Financing, New Loan
Cap Rate: 11.0%
Listing ID: 3020542
Posted On: May 29, 2023
Updated On: Aug 28, 2023

Description

Proud to present this exciting opportunity to purchase a vibrant business & beautiful 7.62-acre parcel, nestled along the Payette River National Scenic Byway, that leads thousands of daily travelers between one of the fastest growing cities in the US, Boise ID, to the adventure outdoors that feature famous world-class-rapids, the beautiful ski resorts of Tamarack (32 miles) and Brundage (46 miles), as well as breath-taking scenic views mere minutes away. Hiking, fishing, camping, hunting, river-rafting, snowmobiling & ATV thrills, allow the almost 900k residents of Treasure Valley a chance to escape to paradise. This property has grandfathered use for an RV park that dates back to 1946, Restaurant, Bar, Store & Hotel. This property also features a Cabin, Convenience Store, Bath house, Manager Residence & space to expand operations.

Location

Property is located on the scenic Hwy 55 nestled in the towering pines of the Boise National Forest and 7 miles from the picturesque tourist town of Cascade, which boasts the 5th largest lake in Idaho with a surface area of 47 square miles. Highest and best use is to expand on the grandfathered RV park. Currently 46 spaces with room to add approximately 40- 50 more. Tiny homes could make this property attractive to the community that is seeing a housing shortage.