Contact Information

RV Park/Campground Details

  • Price: $1,250,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.0%
  • Property ID: 1453814
  • Posted On: Jun 8, 2021
  • Updated On: Jun 14, 2021

Property Description

Chinook RV Resort is located between the Highway 101 and the Klamath River in Klamath California. This incredible location has 500ft of private river frontage property as well as road frontage access along Highway 101. Visible from the highway 101 is a 1,800 sq. ft. newly remodeled general store with a restroom, recreation room, laundry room, security room, and second story studio apartment with a kitchen, living room and private deck used as a vacation rental. The second vacation rental is a two bedroom, two bath, mobile home with a large private deck and huge gated yard. The RV park has 69 RV sites, private dock (in for repair), public restroom/laundry room as well as 15 tent camping sites, playground and 2 undeveloped open riverfront acres currently used for drydocking. The RV park is situated along the coastal riverfront of the Klamath River, near the Pacific Ocean in the California Redwood Forest.

Location

Located on Highway 101 traveling North or South in Klamath CA

Amenities

  • Laundromat
  • Club House
  • Boat Access
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
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Park Information

Number of RV Lots: 69
Year Built: 0
Average RV Lot Rent: $50
Size: 6.0 acre(s)

Financial Information (Actual)

Gross Income $183,115
Operating Expense $78,814
Net Operating Income $98,758
Expense Ratio 43.0 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

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