Contact Information

Tammie Freeman
Venture Real Estate Group

RV Park/Campground Details

  • Price: $2,400,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 7.3%
  • Listing ID: 3358746
  • Posted On: Jul 13, 2023
  • Updated On: Jan 25, 2024

Description

Welcome to the River's Edge RV Park & Merry Widow Health Mine!
Rare CAP of over 7.0%. An extraordinary investment opportunity within the natural ambiance of Basin, Montana. Basin, only 30-min from both Helena & Butte, right off busy Hwy 15, offers tremendous growth & allure of capturing visitors from all over the world. An established RV Park with 51-sites (39 full hook-up + add’l 10 hook-ups available) + 25 tent camp sites with substantial room to expand. State-of-the-art income generating Merry Widow Health Mine which captures visitors from all over the world. Opportunity to attain substantial increase in revenues. Laundry, clubhouse, bath/shower facilities on site. Large 1,400 sf storage building onsite. Spread over approximately 20 acres, there is potential to add additional tent/camp sites along the Boulder River. Overlooking the mountains and river, shopping/retail, warehouses and high demand self-storage all within close proximity to the pristine Boulder River and a state-of-the art Merry Widow Health Mine and RV Park. From fishing and boating to hiking & picnicking, this opens up a world of outdoor activities and recreational opportunities all along the beautiful and serene Boulder River.
The health mine adds a unique dimension, attracting world-wide health-conscious individuals who seek balance and rejuvenation. Capitalize on the strong demand for wellness services from people all-over seeking a retreat for health and vitality. This is a ready-to-build infrastructure which includes road accessibility, existing RV park/camp sites and in-place utilities to support expansion.
**Seller Financing available, please contact Listing Agent.
Contact Tammie Freeman for more information. Make us an offer!

Location

Situated along the serene and peaceful Boulder River in Basin, Montana
Approximately ~20 flat acres adjacent to busy Hwy 15, connecting the State Capital City of Helena and Butte. Just an easy 30 min from Helena and Butte.

Amenities

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

Park Information

Number of RV Lots: 51
Size: 20.0 acre(s)
Development Land: This is land for developing a RV park.

Financial Information (Actual)

Gross Income: $262,000
Operating Expense: $88,000
Net Operating Income: $174,000
Expense Ratio: 33.6 %

Utility Information

Water: City
Sewer: City

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