89 Center Lava Hot Springs ID 83246
89 Center Lava Hot Springs ID 83246
Description
Great opportunity to own not one, but TWO existing year round KOA Campgrounds in Lava Hot Springs, Idaho on the Portneuf River. 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, tube rentals, etc. 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
Property Details
- Type: Business w/Real Estate
- Sale/Rent: For Sale
- Lot Acreage: 16.61
- Price Per SQFT: $ 21
- CURRENT USE: Hotel/Motel,Retail,Other
- POSSIBLE USE: Restaurant,Other
- # Off-Street Park Spaces: 175
- # of Buildings: 39
- # of Stories: 2
- # of Offices: 2
- # of Restrooms: 20
Location & Schools
- County: Bannock
- LOCATION: High Visibility,Highway Access,High Traffic
- Area Desc: Lava Hot Spring
- Building/Business Name: Lava Hot Springs East & Lava Hot Springs West KOAs
- ZONING-CITY: Commercial General
- ZONING-COUNTY: Other/NA
View on map / Neighborhood
Construction
- CONSTRUCTION: Frame,Modular,Other
- CONSTRUCTION STATUS: Existing,Existing-Fully Updated
- Above Grade SQFT: 723532
Inside Features
- DOMESTIC WATER: City/Public Water,Well-Private
- Property Exclusions: See Exhibit C for inclusions – if not listed, excluded
- A/C Type: Other – See Remarks
- ELECTRIC TYPE: 600 Amps or +
- EXTRAS: Restrooms,Other
- Primary Heat Source: Electric
- Primary Heat Type: Other
Outside Features
- SEWER TYPE: City Sewer
- LANDSCAPING: Sprinkler System-Partial,Established Lawn,Established Trees
Legal Information
- Taxes: $ 12,606
- TERMS: Cash,Conventional,Exchange,Owner Carry
- HOA Dues (Y/N): No
- Legal Description: See Exhibit A
- Buyer Exclusions (Y/N): Yes
- Dual/Variable Comm (Y/N): No
- Foreclosure y/n: No
- Agent Owned (Y/N): No
- Short Sale y/n: No
- Annual Gross Income: 2430140
- Net Operating Income: 1283901
- Cap Rate: 6.5
Video
- Virtual Tour: https://www.youtube.com/watch?v=7ErqvpjHfHE
Need More Info?
Wes Leisy
208-221-2800 or click to contact me.
I can answer your questions or schedule a showing at your convenience!
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