1206 W Main St - Specialty FOR SALE


Marsing, ID 83639
$3,500,000 USD
208-872-2509
1206 W Main St, Marsing, ID for Sale
$3,500,000 USD
Specialty - FOR SALE
1/17
null | 6.64% Cap Rate

1206 W Main St
Marsing, ID 83639


HIGHLIGHTS

  • Open year round
  • New construction in 2023
  • Fully paved with city utilities
  • Minutes away from over 15 different wineries and vineyards

OVERVIEW

Unique Dynamic for Nightly, Weekly, and Monthly RV Customers The Treasure Valley routinely has monthly RV sites in short supply, especially between March and September every year. This leads to waitlists, especially with workers coming in for Micron/Meta/DeLamar Mine/data center construction. Because of this, there can be limited availability at other RV parks for visitors during the travel season. Income improvement: - Owner turned off online booking for 2025 while waiting for Clubhouse construction - reservations were by call/email only - Nightly ($40), Weekly ($235) & Monthly ($600 + power) rates have room for increase based on surrounding parks - Late fees, cancellation fees, and deposits are not currently utilized - Completed Clubhouse will bring additional revenue from washers/dryers/vending - Possible bundle options with local wineries and wine tour shuttles - Additional vehicles, pets, and occupants charges are not currently added - Manager’s Quarters (800 sqft) could be used for Airbnb/Vrbo - Site 1 is primarily used for Owner's vehicles except for instances of over-booking Clubhouse (960 sqft): - Location set for between the dog park and playground - Water/sewer/electric stubbed in, ready for construction - Approved architectural plans included, which consists of: 2 bathrooms with showers, 3 washers, 3 dryers, waiting area, utility room, and maintenance storage - Depreciation opportunity if the Buyer handles Clubhouse's construction

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$2,917 USD /SF

CAP RATE

6.64%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Wine Region RV Resort

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.07 AC

LAND SF

220,849 SF

ZONING

Commercial

APN/PARCEL ID

B00000338852

ASK ABOUT THIS PROPERTY

Martin MaiselWine Region RV ResortMore Info
208-872-2509

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Martin MaiselWine Region RV ResortMore Info
208-872-2509

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.