RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.5%
  • Property ID: 1188480
  • Posted On: Feb 7, 2020
  • Updated On: Aug 5, 2020

Property Description

Located 2 miles off Highway 101 in Klamath, CA, Kamp Klamath RV Park & Campground is a one-stop destination for all RVers. Kamp Klamath is just off the Pacific Ocean coastline one mile up the famous Klamath River, lying on the quiet south shore. The Klamath River features some of the best Chinook (King) Salmon, steelhead, rainbow trout and red tail perch fishing in the world. The park’s guests are frequently comprised of fishermen, families cooling off from the Central Valley, and tourists visiting the Redwood National Park that surrounds the property. The property features 41 Full Hook-up RV Sites, both 30 & 50 AMP. All the RV Sites recently went under renovation, as private lawns were added to each site. Wi-Fi & DirectTV are provided for all guests. There are also 54 Tent Sites on the +/-33 acre property, some featuring water and electrical hook-ups. Nearby to the Tent Sites are free showers and bathrooms that are well maintained by the staff and on-site work campers. There is potential upside to rent the 1,200 SF, 2 Bedroom, 1 ¾ Bathroom house on the property. The house could also be used for manager’s or owner’s housing. The park is highly amenitized featuring grassy volleyball courts, vegetable gardens, fire rings, picnic tables and a state-of-the-art industrial kitchen that supplies the weekly Saturday BBQ’s on the massive outdoor deck that fits 100 people comfortably. The Saturday BBQ is a hit among the Kamp Klamath guests and features live music. The park offers work campers discounts on their RV Site and utility bills in exchange for twenty-five hours of service each week. Kamp Klamath is open year-round, with the busiest months being between March & September. All tools to run and maintain the park are included in the sale, including tractor, dump truck, 5 golf-carts and riding lawnmower. There is room expansion for more RV and tent sites on the property, plus glamping sites. With the countless amenities and attractions nearby, on top of the many recent renovations and upgrades, Kamp Klamath RV Park & Campground is turn-key for the next ownership!!!
Current Lot Rents: RV Sites - $39.50/daily; Tent Sites - $34.50/daily (Rents going up $5 per day in 2020)
PLEASE DO NOT DISTURB TENANTS OR MANAGEMENT IF VISITING PARK. THEY ARE NOT AWARE PARK IS FOR SALE. PLEASE KEEP THIS LISTING CONFIDENTIAL.

Amenities

  • Manager Office
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 47
Year Built: 1930
Average RV Lot Rent: $39
Size: 32.1 acre(s)

Financial Information (Pro Forma)

Gross Income $288,693
Operating Expense $184,627
Net Operating Income $104,065
Expense Ratio 64.0 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

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