Property Description

Mobile home park, RV park, Campground with a fantastic location of 1,000 feet of beachfront on the Kern River. Camp Kernville is located right next to downtown, historical Kernville with stores, shops, and restaurants. 25 mobile home sites with Monthly rents of $419-$500, 24 Permanent RV Sites (some with river frontage) Monthly $419-$575, 24 Base Full Hookups $40 and $45 Nightly, 9 Premium Water & Electric $50 and $60 Nightly, 10 Premium Full Hookup $50-$60 Nightly, and 4 Group Full Hookups $60 and $75. 6 rental RV’s $125/$150/$175 Nightly with three nights minimum. 1 Br/1 Bath house 648 square feet on 1.46 acres occupied by family member. One 1 BR/1BA approximate 600 sf apartment at $495. Large RV storage area currently with 36 RV’s in storage but can accommodate 65 at monthly rates of $60 plus trailer spotting at $15/move. Six former motel units now used for storage, 25X30 machinery shed, and 40 feet container storage. Amenities include THE RIVER with fishing, swimming, beach, volleyball, and rafting takeout, two sets of restrooms, laundry, office, dump station, picnic tables, fire rings with grills, outdoor beach showers, pet area, and beautifully shaded with approximately 125 trees. Mostly 50 amp electric, community water district, and septic sewer. No rent control in the County of Kern and very reasonable rental rates. Great solar development site. For more information visit the park website at www.campkernville.com
Contact Broker to setup appointment to visit property.

RV Park/Campground Details

  • Price:
  • Purchase Method: Seller Financing
  • Cap Rate: 7.7%
  • Property ID: 866889
  • Posted on Oct 9, 2017

Amenities

  • Laundromat
  • Storage
  • Boat Access
  • Manager Office
  • Bathhouse
  • Wifi
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Park Information

Number of RV Lots: 98
Year Built: 60
Average RV Lot Rent: $550
Size: 11.0 acre(s)

Financial Information (Actual)

Gross Income $750,000
Operating Expense $384,194
Net Operating Income $365,806
Expense Ratio 51.2 %
Debt Info Seller $2.95M at 5.5% for 10 Years

Utility Information

Water: City
Sewer: Septic

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