RV Park/Campground Details

  • Purchase Method: New Loan
  • Cap Rate: 12.5%
  • Listing ID: 457498
  • Posted On: Jul 3, 2014
  • Updated On: Oct 16, 2015

Description

Beautiful RV park/campground on the Klamath River in the middle of the redwood forest next to the ocean. Maybe the best salmon and steelhead fishing area in the world. One of the highest Good Sam ratings at 8.5/10*/10. One of the largest commercial zoned properties on the Klamath River. 124 RV sites with 100 full hookup, 24 water & electric, and 100 tent sites with 60 pull thrus. Very large grass sites. Rental rates are full hookup $39.50, water & electric $37.50, and tent $29.50. $4 for extra persons over two and $4 per extra car. Very nice 3 bedroom, 1,700 square feet owner’s home. 2,500 square feet barn clubhouse with large rec room with stage, commercial kitchen with pizza business, dining area, exercise room, billiards and games, and outdoor seating area. Other amenities include a swimming pool, office with store with beer and wine license, river fishing and swimming, nature trails, playground, basketball court, horseshoe pits, kayak rentals and tours, onsite fishing guides, and free cable tv and wifi. 30 amp electrical service, septic sewer, and two wells. Please review the park’s web page at www.campercorral.net.
Big upside in adding online reservations, 50 amp electrical service, propane sales, and increased marketing and advertising.
A new $12M casino and Holiday Inn Express are under construction up the street from the park.

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Boat Access
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 224
Year Built: 1975
Average RV Lot Rent: $38
Size: 32.0 acre(s)

Financial Information (Actual)

Gross Income: $300
Operating Expense: $112
Net Operating Income: $187
Expense Ratio: 37.3 %

Utility Information

Water: Well
Sewer: Septic

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