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Property profile

5866 Mirror Lake Hwy Kamas, UT 84036

OFF-MARKET
Retail properties & Spaces
9 ac lot
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Property summary

AI-generated overview

This exceptional 9-acre Kamas, UT property presents a lucrative investment opportunity. Priced at $11,999,000, this mountain retreat boasts twelve rental cabins, catering to diverse needs. The portfolio includes one seven-bedroom corporate retreat cabin, one seven-bedroom family reunion cabin, two five-bedroom cabins, two two-bedroom cabins, three one-bedroom cabins, and three studio cabins. A thriving, established powersports rental business, operating successfully for 27 years, is included, featuring a fleet of over 40 snowmobiles, side-by-sides, ATVs, and UTVs. The property also includes the well-known Den Grill and a general store, ensuring multiple revenue streams. Recreational amenities are abundant, with a swimming pool, hot tubs, access to a fishing river and ponds, and opportunities for cross-country skiing and tubing. All water rights are conveyed with the sale. The property's significant development potential is further enhanced by three approved and platted building pads, with approximately four acres fronting the Bear River. This turnkey operation offers a unique blend of established income and future growth potential in a highly desirable mountain location. The property's size and diverse offerings make it an ideal investment for a discerning buyer seeking a high-return, recreational-focused venture.

Property profile

Verified
Property type Retail properties & Spaces
Lot 9 ac (392,040 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5866 Mirror Lake Hwy Kamas, UT 84036
Kamas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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