Contact Information

Tammie Freeman
Venture Real Estate Group

Mobile Home Park Details

  • Price: $3,200,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 7.4%
  • Listing ID: 3336803
  • Posted On: Sep 5, 2024
  • Updated On: Sep 5, 2024

Description

Welcome to the River's Edge RV & Land Development!
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. Laundry, clubhouse, bath/shower facilities on site. Large 1,400 sf storage building onsite. 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. **Seller Financing available based on Buyer criteria and terms.
Contact Listing Agent for more information.

https://bit.ly/RiversedgeRV1_5un

Location

Situated along the serene and peaceful Boulder River in Basin, Montana
47 flat acres & 12 parcels, adjacent to busy Hwy 15, connecting the State Capital City of Helena and Butte. Just an easy 30 min from Helena and Butte.

Amenities

  • Laundromat
  • Club House
  • Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 51
Average MH Lot Rent: $40
Size: 47 acre(s)

Financial Information (Actual)

Gross Income: $328,000
Operating Expense: $90,000
Net Operating Income: $238,000
Expense Ratio: 27.4 %

RV Information

Number of RV Lots: 51

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Video

Download Documents