Blue Anchor RV & MHP 300 Mullan Ave 63 Unit Mobile Home Park $1,550,000 ($24,603/Unit) 8.40% Cap Rate Osburn, ID 83849

Blue Anchor RV Park & Campground presents the opportunity to acquire an operating 63-space RV and manufactured housing community in Osburn, Idaho, within the Silver Valley region of North Idaho. Situated along W. Mullan Avenue and adjacent to Interstate 90, the property offers convenient regional access and visibility while benefiting from its location near the Coeur d'Alene River, Lookout Pass, and the neighboring communities of Kellogg and Wallace. The property's accessibility and recreation-oriented setting support both long-term residents and travelers seeking accommodations throughout the year.
The asset consists of 63 spaces, including six mobile home sites, and is improved with several supporting structures that contribute to day-to-day operations. Existing improvements include a manager's office, laundry facilities, showers, restrooms, a studio apartment, and a shop. Utility infrastructure includes city water and sewer service, with two on-site wells providing irrigation support. Individual sites are equipped with either 30-amp or 50-amp electrical service and sewer hookups, providing functionality for a broad range of RV users.
The community currently operates on month-to-month occupancy agreements, creating operational flexibility and the potential for future management strategies. According to the offering materials, the property generated approximately $260,973 in gross operating income and $129,505 in net operating income, resulting in an indicated capitalization rate of 8.4% based on the stated asking price of $1,550,000. The offering also includes seller financing terms with 50% down, interest-only payments at 5%, and a five-year maturity, providing an additional acquisition option for qualified buyers.
Blue Anchor RV Park & Campground combines existing cash flow, established infrastructure, and a location along a major transportation corridor in one of Idaho's recognized recreation and outdoor tourism regions.
Sources: TOK Commercial Offering Memorandum, July 2026