3315 Highway 78, Absarokee, MT 59001
This exceptional 1-acre commercial property, located at 3315 Highway 78 in Absarokee, Montana, presents a lucrative investment opportunity. Currently operating as the Dew Drop RV Park, this established business boasts 10 full hookup RV sites, each generating monthly rental income averaging between $850 and $1200. The property's prime location at the entrance to Absarokee, a charming mountain town on Highway 78, ensures high visibility and convenient access for travelers. The existing infrastructure includes city water and sewer connections, providing a solid foundation for future growth. Significant expansion potential exists, with the possibility of adding approximately 10 more RV sites to capitalize on the strong demand for recreational vehicle accommodations in this desirable area. Alternatively, the existing cafe building could be repurposed to create a new gas station, further enhancing the property's income stream and attracting a broader customer base. The stunning backdrop of the Beartooth Mountains adds to the property's appeal, attracting both tourists and outdoor enthusiasts. This turnkey business offers a unique blend of established income and significant upside potential, making it an ideal investment for those seeking a profitable venture in a picturesque mountain setting. The asking price is $994,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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