RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 5.2%
- Listing ID: 1717168
- Posted On: Jul 20, 2022
- Updated On: Oct 29, 2022
Description
Nestled along Highway 55's Scenic Byway, Clear Creek Station sits on 7.62 acres of commercially zoned grandfathered property. This RV Park, Restaurant, Bar, Market & Hotel has 46 total spaces - 32 full hook up (9-50 amp & 23 30 amp) & 14 partial hook up (3-50 amp & 11-30amp).
Seven miles south of Cascade, ID. This beautiful park sits in a hotbed of recreational activities. 24 miles from Donnelly (Tamarack) & 39 miles from McCall (Brundage), & mere minutes away from world-class rapids, there isn't a single recreational activity not enjoyed by residents of Valley County.
This area sits 70 miles north of Boise, ID one of the fastest growing cities in the US. Don't miss this incredible opportunity.
Location
10694 Hwy 55, Cascade ID.
Amenities
- Bathhouse
- Store
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 46 |
Year Built: | 1954 |
Average RV Lot Rent: | $550 |
Size: | 8.0 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $720,000 |
Operating Expense: | $600,000 |
Net Operating Income: | $120,000 |
Expense Ratio: | 83.3 % |
Debt Info: | 842000 |
Utility Information
Water: | Well |
Sewer: | Septic |