Seeking investor/partner to finish developing RV Park in Idaho Somewhere in Idaho

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Wanted



Investor for RV Park in North Central Idaho

14 acres – 21 sites – 1800 sq. ft. multi-use building


$650,000 – Sales Price – Cash or 1031 Exchange

$100,000 – Develop 20 additional sites

$750,000


Present owner will manage park construction and long term operation. We would want compensation as a annual salary plus 25% of net profit.


Income generation ability for an 8-months season on 41 RV sites is just over $250,000 with a 30% vacancy factor the gross should average $175,000 per season with an operating cost of $48,000 and a net of $127,000.


The land size is 14-acres of which an additional 30-40 plus sites could be added in the future should the demand warrant.

 




 

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