Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground

RV Park/Campground Details

  • Purchase Method: Seller Financing
  • Cap Rate: 10.0%
  • Listing ID: 486996
  • Posted On: Dec 2, 2014
  • Updated On: Nov 1, 2015

Description

High elevation, uncrowded alpine wilderness, and one of the most beautiful places in the world. The one of a kind, Sierra Nevada mountain resort opened in July, 1923 and is next to the Stanislaus River and just west of the Sonora Pass. 34 RV sites, 8 cabins, 5 motel rooms, large group/tent area, general store, restaurant for 30 persons, outdoor bar with deck for 50 persons, gift shop, gas station, public showers, and laundry room. Rental rates are RV $42 nightly and $600 monthly, $25 tent, cabins $149-$209, and motel $89. Property is on a continuous forest service lease at 3% of the gross and Buyer would get new 20 year lease at purchase. Forest service leases are always renewed and the entire area is forest service property. Gas tanks were upgraded in 1999 to current triple wall standards. An additional five acres can be added to the property. Tremendous upside in opening in winter to snowmobile clientele on weekends. Owner sold the property in 2007 and took back the property in foreclosure in 2010 and has tremendously upgraded the property since taking it back over with a tremendous amount of renovations to restaurant, kitchen, and the cabins. Gross income was as high as $500,000 and tremendous profit potential to get the income back to that level. Please review the resort’s web page at www.dardanelle108.com.

Amenities

  • Laundromat
  • Manager Office
  • Bathhouse
  • Store
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 47
Year Built: 1923
Average RV Lot Rent: $600
Size: 12.0 acre(s)

Utility Information

Water: Well
Sewer: Septic