RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 25.0% (Actual)
- Listing ID: 514223
- Posted On: Mar 24, 2015
- Updated On: Jul 15, 2016
Description
Great income opportunity for this clean nice 50 space park located just off Interstate 5 in Northern California. This park does nightly business year around and is located between San Francisco and Portland Oregon. This park is adjacent to restaurants and refueling stations and is conveniently located just off I-5. Park offers full cable, wifi, electric,city water/sewer, laundry, bathrooms/showers and full office, rec room and nice living quarters. The park sets at the base of Mount Shasta and has beautiful views of the mountain. Low maintenance and expenses and is a great income property. Easy to operate. Owners of 18 years are ready to retire from the business.
Amenities
- Laundromat
- Club House
- Manager Office
- Bathhouse
- Wifi
Park Information
| Number of RV Lots: | 50 |
| Year Built: | 1987 |
| Average RV Lot Rent: | $33 |
| Size: | 3.5 acre(s) |
Financial Information (Actual)
| Gross Income: | $125 |
| Operating Expense: | $46 |
| Net Operating Income: | $91 |
| Expense Ratio: | 36.8 % |
Utility Information
| Water: | City |
| Sewer: | City |