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Investment Highlights

  • * Rare investment location along the serene and peaceful Boulder River in Basin, Montana 26 acres, adjacent to busy Hwy 15
  • * Income generating health mine and RV park and camp sites with potential to attain substantial increase in revenues
  • * Established RV Park with 51-sites with 39 full hook-up + 25 tent camp sites with substantial room to expand. Additional 10-RV full hook-ups avail
  • * Basin hosts visitors exploring the various recreational activities of boating, hiking, fishing, camping and picnicking

Executive Summary

**Seller Financing AVAILABLE*** Welcome to the River's Edge RV Park & Merry Widow Health Mine! A rare extraordinary investment opportunity within the natural ambiance of Basin, Montana. Basin, only 30-min from both Helena & Butte, right off of busy Hwy 15, offers tremendous growth & allure of capturing visitors from all over the world. Established RV Park with 51 RV sites + 25 tent camp sites with significant income generating from health mine and potential to attain substantial increase in revenues. Strong CAP rate of 9.5% primarily coming from Merry Widow health mine income. Health Mine comprises 90% of the income by health mine. Perfect income for eager and motivated new ownership to take over. Owner is seeking a buyer to transfer the daily operations of the health mine, as well as maintaining the regular guests seeking their health remedies.
Spread across 20 acres with adjacent proximity to Boulder River, which is a popular local fishing desination. State-of-the art Merry Widow Health Mine and River's Edge RV Park attains visitors from all over the country and world. From fishing and boating to hiking & picnicking, this opens up a world of outdoor activities and recreational opportunities all along the beautiful serene Boulder River.
The health mine adds a unique dimension, attracting world-wide health-conscious individuals who seek balance and rejuvenation. Capitalize on the strong demand for wellness services from people all-over seeking a retreat for health and vitality. The RV park and campground is an untapped opportunity to expand revenues by marketing to local outdoor enthusiasts and travelers along the busy Hwy 15. A one-of-kind property with a generous opportunity to grow income potential. Make us an offer today! Contact Listing Agent for more information.
**Serious buyers only to inquire. No financials available until an offer is presented. The sale is to be sold with Merry Widow Health mine to remain in operations.
https://merrywidowhealthmine.com/
Contact Listing Agent to schedule exclusive showing. Please use Fidelity Title & Escrow. Buyer to verify all information. Property sold "As Is". Seller is open to Seller Financing w/ 40%-50% DP, max 3-year term. Financials available upon a written offer.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $455,347 $53.95
Other Income - -
Vacancy Loss - -
Effective Gross Income $455,347 $53.95
Taxes $17,808 $2.11
Operating Expenses $124,794 $14.79
Total Expenses $142,602 $16.90
Net Operating Income $312,745 $37.06

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $455,347
Annual Per SF $53.95
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $455,347
Annual Per SF $53.95
Taxes (CAD)
Annual $17,808
Annual Per SF $2.11
Operating Expenses (CAD)
Annual $124,794
Annual Per SF $14.79
Total Expenses (CAD)
Annual $142,602
Annual Per SF $16.90
Net Operating Income (CAD)
Annual $312,745
Annual Per SF $37.06

Property Facts

Price $3,288,984 CAD
Price Per Unit $3,288,984 CAD
Sale Type Investment
Cap Rate 9.51%
Sale Condition 1031 Exchange
No. Units 1
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • General Retail Storefront Retail/Residential
  • Multifamily Apartments
Lot Size 26.00 AC
Building Size 8,440 SF
No. Stories 1
Year Built 2014
Zoning Commercial Mixed Use - Buyer to Verify

Amenities

Unit Amenities

  • Storage Space
  • Wi-Fi
  • Yard
  • Office
  • Workshop

Site Amenities

  • Clubhouse
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Waterfront
  • Gameroom
  • Wi-Fi
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 51-1489-17-4-01-14-0000
  • 51-1489-17-4-04-10-0000
  • 51-1489-17-4-01-15-0000
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$1,521,438 CAD (2025)
Annual Taxes
$17,808 CAD ($2.11 CAD/SF)
Tax Year
2024
  • Listing ID: 28852438

  • Date on Market: 2023-06-26

  • Last Updated:

  • Address: 29 Frontage Rd, Basin, MT 59631

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