The Lazy River Mobile Retreat sits along the Snake River minutes north of the City of Payette, Idaho with quick access to Highway 95 connecting you to Weiser in 10 mins or the Boise International Airport in an hour. 5% CAP Rate coming from 25 fully rented pads provide immediate ROI and its location and views could command premium monthly rates above the $395 average monthly rate presently charged. The flat 10+ acres sit above the Snake River and out of the flood zone, making this an ideal development opportunity. Zoned Commercial 2 (C-2) opens countless potential investment opportunities ranging from hotels, apartments and many other businesses. Property boasts over 1000+ft of Snake River frontage and 1000+ft of N. River Road frontage maximizing enjoyment and use. 1957 priority date on the 8 acres of water rights are just another of the many benefits of this property for both current and future uses. Beach, boat ramp and 1+ acre park make this an ideal investment opportunity or residential development.
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Listing information last updated on February 3rd, 2023 at 12:22am MST.