For Sale
$3,300,000

418 Old River RdKingston, ID 83839

Idaho Riverfront RV Resort, 70 Sites

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 70-site RV park, Albert's Landing, presents a compelling investment opportunity. Situated on 8.65 acres along the scenic Coeur d'Alene River in Kingston, Idaho (zip code 83839), this Class B, stabilized multifamily property boasts stunning river views and over 900 feet of private beach access. The park features 69 RV pads and underwent a complete renovation in 2023, including a new bath/shower facility, state-of-the-art septic system, and updated water and electric infrastructure to all sites. The property generates a substantial Net Operating Income (NOI) of $214,023 (pro-forma NOI also $214,023), offering a strong return on investment. The established landscaping, including mature trees and new gravel, enhances the guest experience. Further revenue growth potential exists through improved online marketing, dynamic pricing strategies, and leveraging the premium riverfront sites. Seller financing is available with a 4% interest-only payment plan and a 20% down payment. This turnkey operation presents a rare chance to acquire a high-performing asset in a desirable location. The property's artisan aesthetic and low maintenance costs contribute to its exceptional value. This is a truly unique opportunity to own a trophy asset on the Coeur d'Alene River. The asking price is $3,300,000.

Highlights

  • 70-site RV park on 8.65 acres with over 900 feet of private beach access on the Coeur d'Alene River in Kingston, ID (83839).
  • Completely renovated in 2023 with new bath/shower facilities, septic system, and updated utilities.
  • Strong NOI of $214,023 (pro-forma NOI also $214,023), offering significant ROI.
  • Established landscaping with mature trees and new gravel.
  • Seller financing available with 4% interest-only payments and 20% down.

Property Details for 418 Old River Rd

Property type
Mobile home & RV parks, Campgrounds
Class
B
Year Renovated
2023
Lot Size (sq. ft)
376,794 SF
Units
70

Location Insight

City
Kingston
County
Shoshone
State
Idaho
Latitude
47.57148796
Longitude
-116.2544439
418 Old River Rd, Kingston, Idaho

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
418 Old River Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message