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89 N Center Street

Lava Hot Springs, ID 83246
  • $15,400,000
  • STATUS: Active
  • ON SITE: 231 Days
  • MLS #: 2150917
UPDATED: 44 min ago
$15,400,000
  • 0
    BEDS
  • 16.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 723,532
    SQFT
  • $21
    $/SQFT
Type:
Commercial
Built:
2011
County:

School Ratings & Info

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

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© 2023 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2023-06-03T10:23:04.077.
www.myteamone.com/homes/133954909
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89 N Center Street Lava Hot Springs, ID 83246

  • Price: $15,400,000
  • Status: Active
  • On Site: 231 Days
  • Updated: 44 min ago
  • MLS #: 2150917
0
Beds
0
Baths
0
½ Baths
16.61
Acres
723,532
SQFT
$21
$/SQFT
2011
Built
County:
Bannock
Area:
Lava Hot Springs
Property 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
Exterior Features

Construction And Status ModularOtherFrame Exterior Primary Other-See Remarks Foundation Other Location High TrafficOther-See RemarksInterstate Exit/Access Off Street Parking 175 Overhead Doors No Parking Off StreetOther-See Remarks Roof Other

Interior Features

Air Conditioning Other-See Remarks Basement None Heat Source And Type ElectricOther-See Remarks Offices 2 Restrooms 20 Sq Ft Above Grade 723532 Sq Ft Below Grade 0

Property Features

Actual Annual Gross Income 2430140.00 Buildings 39 Business Name Lava Hot Springs East & Lava Hot Springs Cap Rate 6.50 Covenants Yes Current Use OtherHotel/MotelRetail Distressed Property Not Applicable Exclusions See Exhibit C For inclusions - if Not ListedExcluded Flood Plain U Handicap Access No Net Operating Income 1283901.00 Owner Pays Other Possible Use RestaurantOther Prior Use Other-See Remarks Property Type Business W/Real Estate Provider Other Info 600 Amps Or + Sep Utilities No Sewer Public Sewer Short Term Rental YN Yes Tax Year 2021 Taxes 12606.00 Tenant Pays Other Terms Owner May CarryCashConventional1031 Exchange Water PublicWell Winter Access YN Yes Zoning General Commercial Zoning Specific Bannock-Commercial General

Snake River Regional MLS logo Listing provided courtesy of Signature Real Estate: 2088512667.
© 2023 Information provided by Snake River Regional Multiple Listing Service (SNRRMLS) is deemed reliable but not guaranteed. Real estate listings held by brokerage firms other than Team One Group Real Estate are marked with the SNRRMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2023-06-03T10:23:04.077.
 
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Team One Group Real Estate
1303 12th Avenue South
Nampa ID, 83651