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Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
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Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground

RV Park/Campground Details

  • Cap Rate: 53.0%
  • Listing ID: 472423
  • Posted On: Sep 24, 2014
  • Updated On: Mar 13, 2015

Description

****PRICE REDUCED****

Nestled in the mountains in NW Idaho, Pineridge offers a restaurant, tavern, campground and convenience store on 3.5 acres. No rent here! You get the land, the main buildings and the cabins for one very low price! With 17 campspots (6- 30 and 50 amp service; 6- 30 am service; 2- 120 volt service and 3 dry), the campground offers a variety of options for campers.

Included are also 2- 2 bedroom 900 square foot cabins that can be used as rentals or housing for staff. Above the restaurant is also a 1400 square foot 2 bedroom apartment.

Walk in with immediate income! A mobile home rents one of the camp spots year round for $200/month.

Located 2.5 miles from Lost Lake Reservoir, this gem has it all! The restaurant and tavern offer the ability to significantly increase the revenue generated in this business.

$25 liquor license transfer fee (beer and wine only; includes pre-mixed drinks such as margaritas, white russian, pina colada, etc.).

Please keep in mind, this location has only been open for three months and should be viewed as a new start-up business when analyzing the numbers. The potential here is amazing!! It just needs you!

This property is turnkey and ready to roll! It is also priced well below the actual value of the land and buildings because due to health issues, we have been forced to close the business down effective 9-27-14.

Amenities

  • Storage
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 17
Average RV Lot Rent: $25
Size: 3.5 acre(s)

Financial Information

Gross Income: $135,000
Operating Expense: $50,000
Net Operating Income: $85,000
Expense Ratio: 37.0 %

Utility Information

Water: Well
Sewer: Septic