RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1518176
  • Posted On: Sep 20, 2021
  • Updated On: Sep 20, 2021

Description

Once in a lifetime opportunity! Own one of the best locations on Priest Lake in northern Idaho . Historic Low's Resort and Marina is ready for new owners. Sited on the tip of the Priest Lake Narrows Peninsula, the property presents one of the grandest southern views of the Priest Lake islands and a western view of Chimney Rock on the Selkirk ridge. 50-slip high-demand marina, boat launch, 260' of deeded, southern facing white sand beach, premiere view waterfront single-family residence 2bd/1bath cabin with year-round public road access. Additionally, 12 sewer/water/power hookups with 100% occupancy of seasonal well-maintained trailer home sites with view corridors. Higher density Recreational zoning on the 1.57-acre site fronting a public roadway. Large storage capacity. Business P & L available upon request. See the resort VIDEO: https://youtu.be/wfq85dltM8Q

Location

Priest Lake is an ideal year-round family and adventure vacation destination. Nature’s spectacular backdrop coupled with the myriad of recreational activities make Priest Lake an unforgettable experience. Discover Idaho’s crown jewel while enjoying biking, golfing, fishing, rock climbing or snowmobiling. Features resorts, restaurants, bars, shopping, and services.

Amenities

  • Boat Access
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Park Information

Number of RV Lots: 12
Year Built: 1950
Average RV Lot Rent: $2,600
Size: 1.6 acre(s)

Financial Information (Actual)

Gross Income: $82,200
Operating Expense: $37,303
Net Operating Income: $44,896
Expense Ratio: 45.4 %
Debt Info: None - "Boat slips and RV spaces all priced far below market rates."

Utility Information

Water: Well
Sewer: Treatment Plant

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