RV Park/Campground Details
- Cap Rate: 5.8%
- Listing ID: 403388
- Posted On: Sep 20, 2013
- Updated On: Feb 22, 2014
Description
BAKERSFIELD PALMS RV RESORT & SELF STORAGE is located at 250-224 Fairfax Road, Bakersfield, California.
BAKERSFIELD PALMS RV RESORT & SELF STORAGE is a 132-site RV park and sits on 8.5 acres. Also includes a 117 unit self storage facility that was built in 2007 and is a part of the sale. Electricity is sub-metered and paid by the guests who stay longer than 30 days. The water on the property is serviced by East Niles Community Services.
This community consists of 132 RV spaces. Amenities include a swimming pool, spa, clubhouse, playground, a mini mart, electric car charging stations, a dump station and free Wi-Fi. The occupancy rate fluctuates seasonally.
Location
This all age community provides convenient access to the post office, shopping centers, parks, and other recreational activities. The Park is also surrounded by all major freeways and located near Kern County Transit routes.
BAKERSFIELD PALMS RV RESORT & SELF STORAGE offers an investor a stable and consistent income stream. The quality and it' s management should also be taken into account when considering this rare opportunity.
BAKERSFIELD PALMS RV RESORT & SELF STORAGE is a gem in the great rental market of Kern County.
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
| Number of RV Lots: | 132 |
| Year Built: | 1987 |
| Average RV Lot Rent: | $335 |
| Size: | 8.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $570,900 |
| Operating Expense: | $332,112 |
| Net Operating Income: | $129,295 |
| Expense Ratio: | 58.2 % |
Utility Information
| Water: | City |
| Sewer: | City |