NCE National Council of Exchangors
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CONTROL: Exclusive VALUE: $3,125,000
    LOAN: $1,562,500
    EQUITY: $1,562,500
TITLE: KOA CAMPGROUND IN HELENA, MONTANA
TYPE OF PROPERTY: Mobile Home/RV
HAVE: 65 space KOA RV Park on 11 acres with a dog park, office/store, showers and cabins. 4 tent sites are being added.
WEBSITE ADDRESS: https://www.crexi.com/properties/609969/montana-koa-campground-in-helena-montana
PARCEL#:    
CITY, STATE: Helena, US COUNTY: MT
BENEFITS TO NEW OWNER: Own a profitable RV Park with a great location, business increasing each year, in a growing community between Glacier and Yellowstone National Parks.
GROSS SCHEDULED INCOME: $521,600    Actual
VACANCY LOSS: $47,000
GROSS EFFECTIVE INCOME: $474,600
EXPENSES: $221,825
NOI: $252,775
DEBT SERVICE: $84,195
CASH FLOW: $168,580
CAP RATE: 8.09%
ENCUMBRANCES: BALANCE: PAYMENT: RATE: DUE: ASSUMABLE:
LOAN 1:      
LOAN 2:      
BENEFITS SOUGHT: Ready to move on. Will look at more parks, or just about anything passive.
CAN ADD: KOA Campground in Butte, he has some other real estate but this is the one he is moving now. Will add a signature and some cash.
REMARKS: Capable client with good inventory looking to learn the formulas and move up. Not area bound. Wants passive income. Only wants a job if his managers can do the work for him.
COUNSELOR: Blake Allen, EMS, CCIM
Allen Realty
108 Canon Ave
Manitou Springs, CO 80829
Phone: (719) 685-0707
Cell: (719) 684-4123
Fax: (719) 685-0400
blakeallenrealty@gmail.com
 
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