RV Park - River's Edge RV Park & Health Mine 29 Frontage Rd 1 Unit Mobile Home Park $3,200,000 ($3,200,000/Unit) 7.28% Cap Rate Basin, MT 59631

INVESTMENT HIGHLIGHTS

  • * Rare investment location along the serene and peaceful Boulder River in Basin, Montana 46 acres, adjacent to busy Hwy 15
  • * Income generating health mine and RV park and camp sites with potential to attain substantial increase in revenues
  • * Basin hosts visitors exploring the various recreational activities of boating, hiking, fishing, camping and picnicking
  • * Established RV Park with 51-sites with 39 full hook-up + 25 tent camp sites with substantial room to expand. Additional 10-RV full hook-ups avail
  • * Diverse Development Possibilities - retail, AFH, wellness facilities, recreational amenities, residential/luxury cabins or high demand self-storage

EXECUTIVE SUMMARY

**Seller Financing AVAILABLE*** Welcome to the River's Edge RV Park & Merry Widow Health Mine! A rare extraordinary investment opportunity within the natural ambiance of Basin, Montana. Basin, only 30-min from both Helena & Butte, right off of busy Hwy 15, offers tremendous growth & allure of capturing visitors from all over the world. Established RV Park with 51-sites with Income generating health mine and RV park and camp sites with potential to attain substantial increase in revenues. Strong CAP rate of 7.2 from health mine income and RV park. Perfect income for eager and motivated new ownership to take over.
Spread over 47 acres, plans include building luxury homes/cabins overlooking the mountains and river, shopping/retail, warehouses and high demand self-storage all within close proximity to the pristine Boulder River and a state-of-the art Merry Widow Health Mine and RV Park. From fishing and boating to hiking & picnicking, this opens up a world of outdoor activities and recreational opportunities all along the beautiful serene Boulder River.
The health mine adds a unique dimension, attracting world-wide health-conscious individuals who seek balance and rejuvenation. Capitalize on the strong demand for wellness services from people all-over seeking a retreat for health and vitality. This is a ready-to-build infrastructure which includes road accessibility, existing RV park/camp sites and in-place utilities to support immediate development. Make us an offer! Contact Listing Agent for more information.

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $3,200,000
Price Per Unit $3,200,000
Sale Type Investment
Cap Rate 7.28%
Sale Condition Redevelopment Project
No. Units 1
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Lot Size 20.00 AC
Building Size 8,440 SF
No. Stories 1
Year Built 2014
Zoning Commercial Mixed Use - Buyer to Verify

AMENITIES

UNIT AMENITIES

  • Storage Space
  • Wi-Fi
  • Yard
  • Office
  • Workshop

PROPERTY TAXES

  • Listing ID: 28852438

  • Date on Market: 6/26/2023

  • Last Updated:

  • Address: 29 Frontage Rd, Basin, MT 59631