ID 100 Bristol Park Lane LAVA HOT SPRINGS
Commercial Sale
$ 18,900,000.00
- Days on Market: 101
- Status: Active
- Type: Business w/Real Estate
- Apx Acreage: 16.61
- Area: 723532 sq ft
- Year built: 1975
- Heat Source/Type: Other-See Remarks
- Air Conditioning: Other-See Remarks
- Abv Grade SqFt: 723532
- Basement: None
Description
Great opportunity to own not one, but TWO existing year round KOA Campgrounds in Lava Hot Springs, Idaho on the Portneuf River. NOI (EBITDA) of $1.28M and CAP of 6.5%. 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. 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.
View on map / Neighborhood
- County: Bannock
- Subdivision: NONE
Taxes and Fees
- Taxes: 12606.00
- Tax Year: 2021
Additional Details
- Construction/Status: Modular,Existing,Existing-Fully Updated,Other,Frame
- Distressed Property: Not Applicable
- Sub Area: LAVA HOT SPRING
- Location: High Traffic
- Landscaping: Established Lawn,Established Trees,Sprinkler System-Partial
- Water: Public,Well
- Flood Plain: U
- Provider/Other Info: Rocky Mountain Power
- Original List Price: 19700000
- Possible Use: Restaurant,Other,Hotel/Motel,Retail,Trailer/RV Park
- Sewer: Public Sewer
- Business Name: KOA
- Roof: Other
- Current Use: Restaurant,Other,Hotel/Motel,Retail,Trailer/RV Park
- # Offices/Unit(s): 2
- # Buildings: Janitorial Service,Trash Collection,Commons Area Maintenance,Grounds Care,Water,Taxes,Electricity,Sewer,Insurance,Snow Removal 39
- Parking: Off Street,Other-See Remarks
- Foundation: Other
- # Restrooms: 20
- Extras: Restrooms,High Visibility,Other-See Remarks,Highway Access
- Exterior-Primary: Other-See Remarks
- Handicap Access: 1
- CAP Rate: 6.50
- Tenant Pays: Other
- Prior Use: Other-See Remarks
Features
- MLS #: 2142068
- Zoning-Specific: BANNOCK-COMMERCIAL GENERAL
- Zoning-General: COMMERCIAL
- Terms: Cash,Conventional,1031 Exchange
- Courtesy of: Better Homes & Gardens Real Estate Voigt Davis
Video
- Post Updated: 2022-05-18 18:07:30
This Business w/Real Estate property is located in Lava Hot Springs, in Bannock county, is currently Commercial Sale property, and has been listed on Southeast Idaho Real Estate. This property is listed at $ 18,900,000.00. It has , , and is 723532 sq ft. The property was built in the year 1975. Contact Dustin Hawkins at Idaho Agents Real Estate for more info. Local East Idaho real estate experts.
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