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265 Pro Peat Dr

Sugar City, ID 83448
  • $1,800,000
  • STATUS: Active
  • ON SITE: 95 Days
  • MLS #: 2142293
$1,800,000
  • 0
    BEDS
  • 3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2019
County:
Area:

School Ratings & Info

Description

Sugar RV Park -Welcoming family-oriented campground 3 blocks from Sugar City exit off Hwy 20 & several blocks from Hwy 20 & Hwy 33 Full Interchange. The RV Park is a Relaxing, Beautiful and Friendly environment. West Yellowstone and Jackson Hole are only 1 hours away with all that is offered between each location. 25 pull-thru RV pads that are extra-long with each pad having an eclectic power stand with 30-amp, 50-amp and a 110 outlet, city sewer, and the famous "Sugar City Water hook-ups & established grass between each pull-thru pad. This RV Park will be heading into its 3rd season after completing a very successful 2nd season with near full capacity through the busy season between May and Sept of 2021. Sugar RV Park is currently priced at a CAP Rate of 4.9 There is a number of monthly rentals during the off season that has generated good revenue for the RV Park, but will be eliminating monthly rentals during the busy season to accommodate more nightly rentals which generates more than double the revenue per night. The RV Park has already increased the nightly rental rates for the 2022 season. These two changes will increase net revenue by approx $11,500 which will increase the CAP rate to 5.5. See Other Documents for P&L and additional Info

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© 2022 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Perfect Home | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-05-28T00:24:03.593.
www.idahoperfecthome.com/homes/126017680
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265 Pro Peat Dr Sugar City, ID 83448

  • Price: $1,800,000
  • Status: Active
  • On Site: 95 Days
  • MLS #: 2142293
0
Beds
0
Baths
0
½ Baths
3
Acres
2019
Built
County:
Madison
Area:
Sugar City
Property Description
Sugar RV Park -Welcoming family-oriented campground 3 blocks from Sugar City exit off Hwy 20 & several blocks from Hwy 20 & Hwy 33 Full Interchange. The RV Park is a Relaxing, Beautiful and Friendly environment. West Yellowstone and Jackson Hole are only 1 hours away with all that is offered between each location. 25 pull-thru RV pads that are extra-long with each pad having an eclectic power stand with 30-amp, 50-amp and a 110 outlet, city sewer, and the famous "Sugar City Water hook-ups & established grass between each pull-thru pad. This RV Park will be heading into its 3rd season after completing a very successful 2nd season with near full capacity through the busy season between May and Sept of 2021. Sugar RV Park is currently priced at a CAP Rate of 4.9 There is a number of monthly rentals during the off season that has generated good revenue for the RV Park, but will be eliminating monthly rentals during the busy season to accommodate more nightly rentals which generates more than double the revenue per night. The RV Park has already increased the nightly rental rates for the 2022 season. These two changes will increase net revenue by approx $11,500 which will increase the CAP rate to 5.5. See Other Documents for P&L and additional Info
Exterior Features

Construction And Status Other Exterior Primary Other-See Remarks Foundation Other Frontage 60 Ft Off Street Parking 25 Overhead Doors No Roof Other

Interior Features

Air Conditioning None Basement None Basement Percent Finished 0 Heat Source And Type None Offices 0 Sq Ft Above Grade 0 Sq Ft Below Grade 0

Property Features

Buildings 0 Business Name Sugar City Rv Park Cap Rate 4.90 Covenants Yes Current Use Trailer/Rv Park Distressed Property Not Applicable Documents On File Other-See RemarksProfit And Loss StatementSurvey Exclusions All Sellers Personal Property Flood Plain U Handicap Access No Inclusions All improvements Owner Pays Trash CollectionCommons Area MaintenanceGrounds CareWaterTaxesElectricitySewerInsuranceSnow Removal Prior Use Other-See Remarks Property Type Business W/Real Estate Provider Other Info Rocky Mountain Power Sep Utilities No Sewer Public Sewer Tax Year 2021 Taxes 2700.00 Tenant Pays None Terms CashConventional Water PublicWell Zoning General Not Verified Zoning Specific Not Verified

Snake River Regional MLS logo Listing provided courtesy of Ron Arnold Realty.
© 2022 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than The Perfect Home | Keller Williams Realty East Idaho are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2022-05-28T00:24:03.593.
 
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