1900 S 2800 W. 28 Spaces $499,000. Vernal, UT Outlaw Country RV Resort. For more information: Outlaw County RV Resort - Vernal, UT

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1 FOR SALE 28 Spaces Outlaw Country RV Resort 1900 S 2800 W Vernal, UT Property Features ACRES 19.38± 28 operable spaces Rent is $400 / Month Plenty of open space surrounding park for potential expansion The park is located in the southwest boundaries of Vernal, just off Hwy 191 For more information: $499,000 SALE PRICE $295,000 Neil Walter, CFA, MBA office: phone: nwalter@naiexcel.com NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED

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4 Summary Project Name Location Property Type Property Size RV Park Area Outlaw RV Park 1900 S 2800 W Vernal, UT Recreational Vehicle Park AC Approx. 3 AC Available Spaces 22 Current Occupancy 21.5% Current Rent Rate (Monthly) $400 Permitted Spaces 28 Annual NOI (Last 12 Months) $14,273 Assessed Value (2015) $507,763 Overview Located in the heart of the Uintah Basin, the site is strategically located off HWY 40 to service the oil and gas industry, tourists, and local residents. I-70 is the fifth longest interstate in the US. The Interstate begins in Utah, near the property and goes east to Maryland. The area services all the traffic from HWY-40 which includes the Utah oil industry which is a major economic driver in the area. The 3-acre park hosts 22 spaces with full hookups that include: sewer, water, and electricity. Six additional spaces are located within the park for a total of 28. With over 16-acres of additional land there s plenty of room to expand. The RV Park use has been approved through unincorporated Uintah County, however, expansion of the park may require additional permis and/or approvals. The electricity is individually metered so this expense is reimbursed by the tenants. The current rent rate for the park is $400 a month + electricity. The owner currently contracts with a property manager who manages the day to day operations. Occupancy is currently at 35%, however, the park has experienced 100% occupancy in the past.

5 Annual NOI (Last 12 Months)

6 S Vernal Ave FOR SALE W Main St E Main St Vernal High School Cinema 5 Uintah Community Center Vernal Regional Airport 191 Discovery Elementary School S 1500 W TRAFFIC COUNTS US 191: 10,000 AADT site 40 US 40: 7,875 AADT Main St: 27,125 AADT SITE SITE

7 Uintah County Conference Center Driving Distance to Major Cities from Property SALT LAKE CITY, UT LAS VEGAS, NV DENVER, CO 197 miles 544 miles 332 miles Location Information UNITAH COUNTY is centered in the Uintah Basin, which runs from western Colorado on the east to the Wasatch Mountains on the west. The county was originally named for the portion of the Ute Indian tribe that lived in the basin. Its county seat and largest city is Vernal. LOS ANGELES, CA PHOENIX, AZ SEATTLE, WA 812 miles 699 miles 1,026 miles Uintah County is home to Dinosaurland, Flaming Gorge National Monument, scenic byways, state parks, wilderness areas, heritage trails, petroglyphs, and just plain old family fun and adventure. It s world-class fishing, river running, hiking, biking, and camping in alpine meadows and red-rock canyons. It s every type of experience you can think of - historic, natural, recreational and even culinary. Uintah County artfully combines beautiful scenery with a great deal of fun and education. For more information: Neil Walter, CFA, MBA office: phone: nwalter@naiexcel.com POPULATION: Uintah County - 36,867 LAND AREA: 4,479 Square Miles ECONOMY: Median Income of $62,067 with a Cost of Living Index of and an Unemployment Rate of 6.2% HOUSING: Median house value of $187,900 CLICK HERE FOR MORE INFORMATION