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7650 E SR 24 Giles Rd - Blue Valley Domes 2,281 SF Specialty Building Offered at $1,256,328 CAD at a 10.03% Cap Rate in Hanksville, UT 84734

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INVESTMENT HIGHLIGHTS

  • Nightly Rentals - 5 Luxury Geo domes with possibility to add 5 more (or RV pads)

EXECUTIVE SUMMARY

Now is your chance to own a slice of the American Dream! These luxury Geo Domes in Central Utah offer unparalleled access to nature with views of Factory Butte right from your doorstep. Located just minutes from Capitol Reef National Park and Goblin Valley, and only an hour from Lake Powell, this property provides the perfect base for off-roading, hiking, and exploring Utah's iconic landscapes. Each dome offers a five-star experience, featuring its own bathroom with a flushing toilet, shower, microwave, fridge, heating, and cooling. Approved for nightly rentals, this property has potential for additional revenue, with the option to get a permit for five more domes or RV sites. The current income is based on only renting four domes, with a fifth unit nearly ready to add even more profitability. 2025 forecast shows an increase in potential revenue at a multiple of 1.6. Ideal for adventure seekers and stargazers alike, this property has management in place that would love to continue overseeing its care, ensuring a smooth transition for new owners. Check out the 360 property tour! https://kuula.co/share/collection/7ZKjR?logo=0&info=0&fs=1&vr=1&initload=0&thumbs=1

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $174,942 $76.70
Other Income - -
Vacancy Loss - -
Effective Gross Income $174,942 $76.70
Taxes $2,173 $0.95
Operating Expenses $46,797 $20.52
Total Expenses $48,970 $21.47
Net Operating Income $125,972 $55.23

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income (CAD)
Annual $174,942
Annual Per SF $76.70
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $174,942
Annual Per SF $76.70
Taxes (CAD)
Annual $2,173
Annual Per SF $0.95
Operating Expenses (CAD)
Annual $46,797
Annual Per SF $20.52
Total Expenses (CAD)
Annual $48,970
Annual Per SF $21.47
Net Operating Income (CAD)
Annual $125,972
Annual Per SF $55.23

PROPERTY FACTS

Price $1,256,328 CAD
Price Per SF $550.78 CAD
Sale Type Investment
Cap Rate 10.03%
Property Type Specialty
Property Subtype Trailer/Camper Park
Building Class B
Lot Size 16.00 AC
Building Size 2,281 SF
No. Stories 1
Year Built 2023
Zoning Resort Recreation

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-0085-0560
Land Assessment
$273,930 CAD (2025)
Improvements Assessment
$372,408 CAD (2025)
Total Assessment
$646,338 CAD (2025)
Annual Taxes
$2,173 CAD ($0.95 CAD/SF)
Tax Year
2024
  • Listing ID: 33748864

  • Date on Market: 2024-11-04

  • Last Updated:

  • Address: 7650 E SR 24 Giles Rd, Hanksville, UT 84734

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