Multifamily Property for Sale in Clayton, ID

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Clayton, ID 83227
  • Year built: 2003

Description

Marcus & Millichap is pleased to exclusively offer for sale the Sawmill Station RV Park and Campground, located in Clayton, Idaho the park sits on 7.68 Acres along Highway 75. Originally constructed in 1980 as a Mobile Home Park for employees of the Clayton Silver Mine, it has operated as a Seasonal RV Park and Campground for outdoor recreational enthusiasts since 2020. Sawmill offers guests a total of 54 well-manicured sites with both 30 and 50 amp service. Sawmill is one of the premiere destinations for off-road and outdoor enthusiasts. The park offers Polaris RZR side by side rentals to guests to explore the many off roading trails in the Salmon River Mountains and old mining trails. The park is also close to the Salmon River, Boulder White Cloud Mountains and wilderness area, and many other outdoor recreation areas where guests can enjoy hunting, ?shing, white water rafting, hiking, biking and world class off-roading. The Sawmill Station offers 54 RV spaces that can easily accommodate larger rigs including 25 back in spaces with 30 amp service, 16 back in spaces with 50 amp service, and another 8 pull through sites also with 50 amp service. There are an additional 2 doublewide trailers, 1 singlewide trailer, and 2 tent sites. All RV spaces and trailers offer guests full hookup services. The park currently has a pro?t-sharing arrangement with the neighboring property to rent their cabins. Guests can expect a safe, clean, fun and leisurely stay while at The Sawmill Station. The property also consists of a gas station, a country store, and a bistro to accommodate all their guests’ needs. Park amenities include private showers and restrooms, ?ber optic telephone service, LTE connection and a store for all guest essentials. Current ownership of the community has spent a considerable amount of time and capital over the course of the past ?ve years improving the quality of the park, making it one of the most desirable RV or camping spots in the area. Conveniently right

Market Context

This multifamily in Clayton, ID is listed for sale. It is offered at an approximate 8.3% capitalization rate, a key benchmark for income-producing multifamily assets. The building dates to 2003. It has been on the market for 68 days. Compare it against other multifamily listings for sale in Clayton, ID — <a href="/search/sale/multifamily/idaho/clayton">view the full market</a>.

As of Q3 2017, the St. Louis multifamily market showed a 4.1% vacancy rate, and rents up 2.3% year over year. Source: Cushman & Wakefield Q3 2017 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Multifamily market FAQ

Is the St. Louis multifamily market tightening or softening?
Vacancy is around 4.1%, with asking rents rising year over year (Q3 2017).

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