RV Park/Campground Details
- Purchase Method: New Loan
- Cap Rate: 9.0%
- Listing ID: 1292839
- Posted On: Jul 21, 2020
- Updated On: Jan 21, 2021
Description
70 RV pads, 8 Standard Cabins, 2 Deluxe Cabins, 8 Tent sites with electric & 12 without.
Approximately 9 acres
Renovated bathrooms with ADA compliance, New Roof in main building, Renovated lobby/general store, New fence around the park, new wifi network, new security cameras, 50 new picnic tables and grills...etc.
Absentee owner. Substantial upside by increasing revenue (via marketing & just managing the park), cutting expenses and increase efficiencies.
Possible to add more pads.
Serious & Qualified inquiries only please.
Broker participation 2%
Some seller carry may be possible based on buyer qualification and circumstances; terms to be discussed after removal of due diligence contingency.
Location
Intersection of Hwy198 (leading to Sequoia, Kings Canyon & Yosamite National Parks) & Hwy99 (a major N-S hwy along enitre length of California). Visalia is fast growing city located between Bakersfield & Fresno, with plenty of commercial and agriculture activities. Plenty of long term & daily rental demands.
Amenities
- Laundromat
- Pool
- Club House
- Manager Office
- Bathhouse
- Store
- Wifi
Utility Information
| Water: | City |
| Sewer: | City |