RV Park/Campground Details

  • Purchase Method: New Loan
  • Cap Rate: 8.2%
  • Listing ID: 465921
  • Posted On: Aug 19, 2014
  • Updated On: Jul 2, 2015

Description

One of the best RV resorts on the west coast. Redwoods RV Resort is located in an old growth grove of redwood trees on the beautiful Northern CA coast next to the Redwood National and State Parks. It is one of the most popular summer seasonal tourist locations in California. 102 RV sites with mostly full hookups and Big Rig size with some 50 amp electric service and five newer and deluxe cabins, 21 sites separate mobile home park with large doublewide spaces, and a 9,600 square feet commercial building currently vacant and for lease that used to be a fitness center and dance hall. The resort has recently been renovated with new electrical and plumbing systems and electrical pedestals, new playground and cabins, and many, many other improvements. Amenities include the redwood forest setting with large sites and some pull thrus, wifi, cable tv, restrooms and showers, office, horseshoes, volleyball, tetherball, campfire rings, and large grass area. Please see the resort’s excellent web page for more information, pictures, and rental rates at www.redwoodsrv.com.

Amenities

  • Laundromat
  • Manager Office
  • Bathhouse
  • Wifi
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Park Information

Number of RV Lots: 123
Year Built: 2007
Average RV Lot Rent: $45
Size: 26.7 acre(s)

Financial Information (Pro Forma)

Gross Income: $353
Operating Expense: $165
Net Operating Income: $187
Expense Ratio: 46.7 %
Debt Info: Buyer to obtain

Utility Information

Water: City
Sewer: Septic