RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 2175012
  • Posted On: Mar 15, 2023
  • Updated On: Dec 12, 2023

Description

Lakefront Resort with private beach. 28 RV pads (17 are occupied by permanent tenants) and 5 campsites on the waterfront overlooking the lake. Also included is a 1200 sq ft main house with a basement apt, a remodeled studio house ready for new tenant and a 900 sq ft building that can be repurposed as retail storefront on busy highway 20 or convert to studios/duplex. Main home is currently being remodeled and so far all the plumbing has been replaced. All 3 buildings have new roofs. Once completed and rented, all 3 of these buildings will substantially increase the revenue stream. All new concrete has been poured including an ADA ramp for access to lower part of property. Included in the sale is a tractor and a pontoon boat both in excellent condition. Possible seller financing available. Please email for rent roll etc.

Location

Located in Nice California a community on Clearlake in Lake County California.

Amenities

  • Boat Access
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Park Information

Number of RV Lots: 28
Year Built: 1949
Average RV Lot Rent: $825
Size: 1.4 acre(s)

Financial Information (Actual)

Gross Income: $121,500
Operating Expense: $52,000
Net Operating Income: $69,500
Expense Ratio: 42.8 %

Utility Information

Water: City
Sewer: City