Description
Ole RV Park offers a compelling value-add investment in the growing outdoor hospitality sector. The property features 23 total RV rental spots, a mix of dry and full-hookup sites, along with 3 on-site homes providing additional rental income or owner/manager housing. Fifteen sites are already improved with a combination of custom trailers and 6 tiny homes in place. An additional 3 tiny homes are approximately 50-80% complete, allowing a new owner to finish and stabilize for increased cash flow. This 19 bed and 14 bathe property, current income is below market, presenting upside through completion of improvements, rent optimization, and enhanced management. Ideal for investors seeking immediate income with strong expansion and value-add potential. A 7th parcel optional for buyer that would allow 3 more rentals units and an additional .5 acres. BTVAI.
Details
| MLS # | 98971571 |
|---|---|
| Listing Type | For Sale |
| Style | Manufactured House,mobile Home |
| Building Name | Ole Rv Park |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 218 |
| Listing Provided By | Homes of Idaho | Lucas Revaul |
Features
| SQ Feet | 3,642 |
|---|---|
| Acreage | 4.35 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Cooling Yes / No | Yes |
| Heating | Electric, Natural Gas, Passive Solar, Wood, Baseboard, Ductless |
| Heating Yes / No | Yes |
| Flooring | Wood |
Exterior
| Exterior Features | Paved Outside Area |
|---|---|
| Roof | Composition, Metal |
| Lot Features | 1 - 4.99 Acres |
| Construction Materials | Frame, Wood Siding |
Utilities
| Utilities | Cable Connected |
|---|---|
| Sewer | Septic Tank |
| Electric | 110 Volt, Solar Panel - Financed |
Taxes
| Tax Legal Description | See Attached |
|---|
Area Information
| State | ID |
|---|---|
| County | Boise |
| City | Horseshoe Bend |
| Zip Code | 83629 |
| Area | Horseshoe Bend |
| Listing VS Median (in 83629) | |
Price: $3,300,000 low | high Med: $726,548 sqft: 3,642 low | high Med: 2,141 $ / sqft: $906 low | high Med: $353 On site: 218 low | high Med: 102.5 | |
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Learn More About This Property
| State | ID |
|---|---|
| County | Boise |
| City | Horseshoe Bend |
| Zip Code | 83629 |
| Area | Horseshoe Bend |
| Listing VS Median (in 83629) | |
Price: $3,300,000 low | high Med: $726,548 sqft: 3,642 low | high Med: 2,141 $ / sqft: $906 low | high Med: $353 On site: 218 low | high Med: 102.5 | |