Contact Information

RV Park/Campground Details

  • Price: $3,950,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.1%
  • Property ID: 1836375
  • Posted On: Sep 9, 2022
  • Updated On: Sep 9, 2022

Property Description

Redwood Resort RV Park is located at 150 Grove Street in Boulder Creek, California. It has a current HCD permit for 1 mobile home and 20 RV sites. In addition to the 21 licensed HCD spaces, it has 8 cabins, 2 additional RV sites with 30 amp electric and full hook ups, and a seasonal campground with 22 camping sites. Of the 22 camping sites 19 are for tent or dry, 2 RV sites with 30 amp electric, and 1 RV site with 20 amp electric and full hookups. All
campground sites have a pedestal, BBQ grill, and a picnic table. There are bathrooms and showers open 24/7 for the tenants. There is a swimming pool, ping pong table, and badminton area. The park is open to all ages.

Location

Boulder Creek is located in Santa Cruz County. Boulder Creek sits just below the peak of the Santa Cruz Mountains, a short distance over the hill from Silicon Valley. Walking through downtown can feel like entering a time capsule, with some of the towns popular bars & restaurants occupying buildings dating back to the early 1900’s. Boulder Creek is the gateway to Big Basin Redwoods State Park, California’s oldest state park. Santa Cruz County is home to the University of Santa Cruz and Bethany University. The total
population in the county is 270,861.

Amenities

  • Pool
  • Storage
  • Manager Office
  • Bathhouse
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 53
Year Built: 1971
Average RV Lot Rent: $615
Size: 3.7 acre(s)

Financial Information (Actual)

Gross Income $504,202
Operating Expense $223,825
Net Operating Income $280,377
Expense Ratio 44.4 %
Debt Info

Utility Information

Water: City
Sewer: Septic

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