RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.0%
  • Listing ID: 1836373
  • Posted On: Sep 9, 2022
  • Updated On: Dec 14, 2022

Description

Del Loma RV Park & Campground (www.dellomarv.com) is a family-friendly riverfront glamping resort on the nationally designated "Wild & Scenic" Trinity River at State Highway 299 in Big Bar, California. Sited on a coveted peninsula in a popular kayaking and river rafting section of the Trinity, the park is licensed for 7 mobile homes and 52 RVs. Currently the park has 51 full hook up RV sites, 6 cabins, 1 doublewide, 2 renovated apartments, 3 glamping sites (with more under development), and 5 tent sites. Guests value the park's mature trees, shaded, spacious camping sites, and ample amenities: the country store, swimming pool, game room, mini golf course, bocce court, sports field, disc golf course, lawn games throughout the park, and more. The park is on well and septic and currently not impacted by rent control. The park has a strong social media marketing foundation (1,600 Facebook and 1,000 Instagram followers currently). There has been $70,000 invested into infrastructure repairs/upgrades in the past 14 month. The improvements include a renovation of the store, apartments, game room, and front entrance. High season is May to September, with solid occupancy in the Fall during the world class Salmon and Steelhead fishing seasons. Occupancy rates are increasing significantly this summer of 2022 even with a 10-15% increase in rents.
There is immediate opportunity to raise income by bringing rates up to what comparable parks and local sites are offering.

Location

Trinity County is a county in northwestern California. Trinity County is rugged, mountainous, heavily forested, and lies along the Trinity River within the Salmon and Klamath Mountains. It is also one of three counties in California with no incorporated cities. Trinity
County has a Mediterranean climate with very warm, dry and sunny summer days and high diurnal temperature variation due to the cool nights. The hot afternoons form a stark contrast to the mild coastal climates of Humboldt County relatively nearby. Winters are chilly and wet. The resort attracts many recurring guests from Eureka, Arcata, and other coastal communities (70 miles West) seeking a reprieve from the fog.

Amenities

  • Pool
  • Club House
  • Store
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 65
Year Built: 1960
Average RV Lot Rent: $118
Size: 20.5 acre(s)

Financial Information (Actual)

Gross Income: $385,702
Operating Expense: $267,806
Net Operating Income: $117,896
Expense Ratio: 69.4 %

Utility Information

Water: Well
Sewer: Septic