RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 14.3%
- Listing ID: 353608
- Posted On: Mar 17, 2014
- Updated On: Jun 3, 2014
Description
WOW! TURN KEY OPERATION AT FANTANSTIC LAKE ALMANOR. 8 CABINS, 8 RV SPOTS WITH FULL HOOK UPS INCLUDING WI FI AND CABLE TV. VIEWS OF LAKE AND DEEDED LAKE ACCESS. HUGE TREES, PUBLIC REST ROOMS PLUS A SHOP/OFFICE OF OVER 1,400 SQ.FT.
FINANCIALS FOR THE LAST 3 YEARS AVAILABLE UPON REQUEST. SELLER WILL CARRY WITH HALF DOWN. THIS PROPERTY WILL AND DOES TURN A VERY NICE PROFIT PER YEAR.
TIRED OF WORKING FOR SOMEONE ELSE OR READY TO SEMI RETIRE? STAY IN YOUR RV AND RUN THE PLACE RENT FREE. GO TO WWW.RIMROCKREALTY.COM TO SEE MORE PICTURES. THIS PROPERTY IS BEAUTIFUL AND WELL MAINTAINED, AND SHOULD TURN A VERY NICE RETURN ON YOUR INVESTMENT THE VERY FIRST YEAR. HOW OFTEN DOES THAT HAPPEN?
STAY FOR 6 MONTHS OUT OF THE YEAR THEN HEAD SOUTH. OR IF YOU LIKE A LITTLE SNOW STAY ALL YEAR AS THE ROAD IS PLOWED FOR YOU.
RIM ROCK REALTY DRE#01117891
530-529-5700
Lake Almanor / Big Springs Resort
2655 Big Springs Rd. Lake Almanor, CA 96137 Plumas County
$649,000 Owner User / Boutique Location
16 Spaces (2MH + 14RV)
7 RV Park Model Cabins & One Studio Apartment (8 Lodging Units)
Ideal Location, Could Operate Year Round
Adjacent to Beautiful Lake Almanor With Access & Assoc. Boat Launch
1440 sq. ft. Storage Facility with Finished Office Space
* Proposed & approved new Ski Resort : http://www.dyermtn.com
(CURRENTLY OPERATED ON A SEASONAL BASIS ONLY AND BY OUT OF AREA OWNER.. (MAY TO OCT). WITH YEAR ROUND OPERATIONS AND OWNER OCCUPIED, CERTAIN EXPENSES CAN BE REDUCED AND INCOME FROM CABIN RENTALS AND RV'S CAN BE IMPROVED SIGNIFIGANTLY.. NET CASH FLOW UNDER OWNER OCCUPIED SCENARIO ESTIMATED AT $93 K)
See Website: www.bigspringsresort.com
Location
SEE WEBSITEs: www.bigspringsresort.com
http://www.vitainc.com/portfolio/dyer-mountain
http://www.dyermtn.com
Lake Almanor
Lake Almanor is a large artificial lake in northwestern Plumas County, northeastern California. The reservoir has a capacity of 1,308,000 acre feet (1.613×109 m3) and a maximum depth of about 90 feet. It is formed by Canyon Dam on the North Fork of the Feather River, as well as Benner and Last Chance Creeks, Hamilton Branch, and various natural springs.
Creation
The dam is 130 feet tall and composed of hydraulic fill.
Lake Almanor Dam, spillway, and release point for the North Fork Feather River.
The present dam was constructed by Great Western Power, from 1926 to 1927, damming the North Fork of the Feather River and flooding the meadow-filled valley generally known as Big Springs/Big Meadows. In the process, parts of the town of Prattville had to be moved to higher ground, while some structures were flooded over. The reservoir was named for the three daughters of Guy C. Earl, Vice President of Great Western Power: Alice, Martha and Eleanor.[1][2]
The dam is now owned by Pacific Gas and Electric Company. PG&E uses it for hydroelectricity production, but the lake is also a popular recreation area, with fishing, boating, water skiing, swimming and camping available.
Plumas County
Plumas County is a county located in the Sierra Nevada of the U.S. state of California. The county gets its name from the Spanish words for the Feather River (RÃo de las Plumas), which flows through the county. As of the 2010 census, the population 20,007, down from 20,824 at the 2000 census. The county seat is Quincy....
Amenities
- Storage
- Boat Access
- Manager Office
- Bathhouse
- Wifi
Park Information
| Number of RV Lots: | 16 |
| Average RV Lot Rent: | $6,300 |
| Size: | 1.3 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $131 |
| Operating Expense: | $38 |
| Net Operating Income: | $93 |
| Expense Ratio: | 29.0 % |
| Debt Info: | (Possible owner financing |
Utility Information
| Water: | City |
| Sewer: | Septic |