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Address is 24 Siretta Street Kernville, CA 93238

John Grant

Park Brokerage Inc.

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Camp Kernville

RV Park/Campground for Sale in Kernville, California

24 Siretta Street
Kernville, CA 93238

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Sale Price: $4,750,000
 

Contact Information

John Grant
Park Brokerage Inc.

RV Park/Campground for Sale

Year Built: 60
Number of RV Lots: 98
Average RV Lot Rent: 550
Size: 11 acre(s)
Cap Rate: 7.7%
Purchase Method: Seller Financing
Status: Active
Property ID: 866889
Posted on: Oct 09, 2017
Updated on: Oct 09, 2017
Price: $4,750,000

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.

Park Information

Year Built:60
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 InfoSeller $2.95M at 5.5% for 10 Years

RV Space Information

Number of RV Lots:98
Average RV Lot Rent: $550

Utility Information

Water:City
Sewer:Septic

Amenities and Other

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