RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.1%
- Listing ID: 1836375
- Posted On: Sep 9, 2022
- Updated On: Dec 14, 2022
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
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 % |
Utility Information
| Water: | City |
| Sewer: | Septic |