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Address is 30547 Sunnyslope Road Sanger, CA 93657

John Grant

Park Brokerage Inc.

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Lakeridge Campground on Pine Flat Lake

RV Park/Campground for Sale in Sanger, California

30547 Sunnyslope Road
Sanger, CA 93657

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RV Park/Campground for Sale

Year Built: 1957
Number of RV Lots: 105
Average RV Lot Rent: 200
Size: 20 acre(s)
Cap Rate: 8.0%
Purchase Method: Seller Financing
Status: Off Market
Property ID: 543719
Posted on: Jun 22, 2015
Updated on: Jul 30, 2018

Property Description

DESCRIPTION AND INFORMATION: 105 sites RV park and campground 35 miles east of Fresno in the Sierra Nevada foothills down the street from the Pine Flat Lake and marina. Lakeridge is located between The Giant Redwoods of Sequoia National Forest and Yosemite National Park. Pine Flat Lake is 30 miles long with 6,000 acres and is a major boating and fishing destination. 85 sites are rented year round with 25 sites having full hookups and the balance with water and electric. There are nine full hookup RV sites occupied by full time residents that rent for $260-$300 per month plus submetered electric, and the balance are full hookup vacation sites rent for $600 per quarter, and vacation sites with water and electric only rent for $570 per quarter. Camping rates for water and electric sites are daily $35, weekly $180, and monthly $440, and tents daily $25, weekly $150, and monthly $370. The park has 30 amp electric but “Main Street” with the 25 full hookup sites can be upgraded to 50 amp. The septic sewer system has enough capacity to put every site on sewer. The owner’s park model is included in the sale along with the manager mobile home and office mobile home. The office is also a mobile home and has living quarters that are currently not being used. Small store that is currently not being operated. Laundry and bathrooms building. The typical permanent resident keeps their RV trailer at the park year round and have a permanent structure covering their RV and also a structure covering their boat, houseboat, and/or wave runners. They could not rent storage cheaper and they are adjacent to the lake. Please visit the park’s web page for more information at www.lakeridgecamground.com. Please do not visit the Property or contact anyone onsite without notice. Please contact Broker to schedule a visit.

Financial Information (Actual)

Gross Income$233
Operating Expense$122
Net Operating Income$111
Expense Ratio 52.4%
Debt InfoSeller

RV Space Information

Number of RV Lots:105
Average RV Lot Rent: $200

Utility Information

Water:Well
Sewer:Septic

Amenities and Other

Laundromat: Yes
Storage: Yes
Manager Office: Yes
Bathhouse: Yes
Wifi: Yes