7 4Th StHomedale, ID 83628

Property Details for 7 4Th St

Year built

2023

Lot size

4.25 AC

Property size (Sq ft)

5,407 SF

Property type

Mobile home & RV parks

Property subtype

Campgrounds

Description

This exceptional Class A RV park, Shady Lane, presents a lucrative investment opportunity in Homedale, Idaho. Built in 2023, this 63-unit property boasts a substantial 4.248-acre lot offering stunning Snake River views. The park features full hookups for water, sewer, power, propane, and complimentary WiFi. Amenities include a fitness center, pickleball courts, all-weather cornhole, and a gazebo. Adding to its appeal, a portion of the property is currently leased to a gym, accessible to RV park residents. The property's NOI is $432,771, resulting in a pro-forma cap rate of 8.32%. The asking price is $5,200,000, translating to approximately $85,246 per unit. The property's location offers convenient access to local wineries. Significant upside potential exists due to the owner's limited marketing efforts to date, allowing a new owner to significantly increase revenue. A variety of owner-carry financing options are available. The total square footage ranges from 5,407 to 10,814 square feet. Located at 7 N 4th St E, Homedale, ID 83628, this property offers a unique blend of established income and growth potential in a desirable location. This is a turnkey operation ready for a new owner to step in and capitalize on its potential.

Location Insight

City

Homedale

County

Owyhee

State

Idaho

Latitude

43.6181

Longitude

-116.927

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].