Description
Great opportunity to own not one, but TWO existing year round KOA Campgrounds in Lava Hot Springs, Idaho on the Portneuf River. NOI (EBITDA) of $1.28M and CAP of 6.5%. RV Parks include a total of 124 RV sites, 11 tent sites, 33 cabins, 1 loft apt, 2 offices, 2 shops, 3 laundromats, bathhouses and playgrounds. Recent upgrades include new 50/30/20 services, water hydrants, sewer services, automated sprinklers, internet, bath house, cabins, etc. Opportunity to grow business by adding restaurant/food venues. Turnkey operation with city services. https://koa.com/campgrounds/lava-hot-springs-city-center/ https://koa.com/campgrounds/lava-hot-springs/ https://www.lavahotsprings.org/ - Chamber of Commerce website Shown to qualified buyers by appointment only.
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0BEDS
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16.61ACRES
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0BATHS
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01/2 BATHS
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723,532SQFT
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$26$/SQFT
School Ratings & Info
Description
Great opportunity to own not one, but TWO existing year round KOA Campgrounds in Lava Hot Springs, Idaho on the Portneuf River. NOI (EBITDA) of $1.28M and CAP of 6.5%. RV Parks include a total of 124 RV sites, 11 tent sites, 33 cabins, 1 loft apt, 2 offices, 2 shops, 3 laundromats, bathhouses and playgrounds. Recent upgrades include new 50/30/20 services, water hydrants, sewer services, automated sprinklers, internet, bath house, cabins, etc. Opportunity to grow business by adding restaurant/food venues. Turnkey operation with city services. https://koa.com/campgrounds/lava-hot-springs-city-center/ https://koa.com/campgrounds/lava-hot-springs/ https://www.lavahotsprings.org/ - Chamber of Commerce website Shown to qualified buyers by appointment only.
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