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31632221
31632229

1206 Main St, Marsing, ID 83639

Wine Region RV Resort
Listed by Wine Region RV Resort
$3,500,000
29 days on market
Updated 29 days ago

Wine Region RV Resort

Details
Property Type Hospitality, Mobile Home Park (+1)
Sub Type Business and Building
Square Footage 1,200
Units 52
Cap Rate 6.64%
NOI $232,401
Pro-Forma Cap Rate 8.00%
Year Built 2023
Acreage 5.070
Zoning Commercial
Parking Spaces 54 spaces
Parking Per SqFt 45.00
Investment Type Stabilized
Ground Lease No
Sale Condition For sale by owner

45 Minutes West of Boise, Idaho

Marketing description

Wine Region RV Resort - Idaho's Winery & Vineyard Themed RV Park

For sale by owner, Wine Region RV Resort is located 45 minutes west of Boise, Idaho. Listed for $3,500,000 with a 6.64% cap rate from 2025 financials. No seller financing, but 1031 exchanges are welcome.

www.WineRegionRVResort.com

www.SunnyslopeWineTrail.com/stay-and-play/lodging/

Contact the owner, Martin, at [email protected] or 208-872-2509

Property details:

  • Newly built in 2023 and open year-round
  • 5.07 acres with around .5 of an acre for future use
  • 52 paved full hookup RV sites (most are 55' long) with city water/sewer and metered electric
  • 54 car parking spots for additional vehicles, trailers, boats, ect.
  • Dog park, playground, maintanence shed, and 2019 CanAm Defender HD5.

Location details:

  • Located in Idaho's Treasure Valley, one of the fastest growing areas in the country
  • Highway 55 frontage, a common route between Los Angeles, CA and Boise, ID
  • Marsing has a population of 1,300
  • Caldwell is 14 miles with a population of 66,000
  • Nampa is 16 miles with a population of 125,000
  • Meridian is 26 miles with a population of 149,000
  • Boise is 35 miles with a population of 235,000
  • 10 minutes away from Lake Lowell (boat ramp)
  • 5 minutes away from over 15 different wineries & vineyards of the Sunnyslope Wine Trail
  • 3 minutes away from the Snake River (boat ramp)

Office building details:

  • Total of 1,200 sqft and located at the entrance
  • 400 sqft is furnished office with ADA compliant wheelchair ramp and restroom
  • 800 sqft is a manager's quarters with 1 bedroom, 1 bathroom, living room, dining room, and kitchen
  • New plumbing, electrical, HVAC, roofing, siding, and deck in 2023
  • Private fenced backyard

Investment highlights

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 consist 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

Listing Contacts

Wine Region RV Resort
Listed by Wine Region RV Resort

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$232,401.00
$19,366.75/mo

Valuation Metrics

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DSCR
6.64%
Cap Rate
6.64%
ROI

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