Investment Overview
Back on Market - The Blue Anchor MHP/RV Park is back on the market based on new information indicating a portion of the park is located within the 100-year floodplain. This requires the park to operate under certain conditions including that the business model revert to a RV park . The current owner has been running the property under a long-term rental structure since 2022. Prior to that the property did operate as a standard RV park with nightly rentals. Revenues from that period are available for review in the new OM and are available within the due diligence folder.
Blue Anchor RV Park & Campground is a 63 space RV park and campground situated on 5.65 acres in Osburn, Idaho. The property features 57 RV sites, 6 mobile homes, a manager's office, laundry facilities, showers, bathrooms, a studio apartment, and a maintenance shop. Currently operated on month to month leases, the property offers stable in place income with future upside and seller financing available.
Investment Highlights
- 63 space RV park and campground, 6 of which are mobile homes.
- Existing structures include a manager's office, laundry facilities, showers, bathrooms, a studio apartment, and a shop.
- Property is serviced by city water and sewer. Irrigation is provided by existing wells on site.
- RV park is currently operating on month-to-month rent only.
- Each space is serviced by either 30 or 50 amp power and includes sewer hookups.
- Seller financing available with $600,000 down at 5% interest only, all due in 5 years.