$2.2M Assumable Financing at 3% Interest Produces 36% Cash Flow!!!

The 100 sites RV resort sits along the Kings River and is enveloped by the lush trees, flora, and fauna of this amazing spot in the charming CA central valley town of Kingsburg. It’s a one of a kind location and generations of families are regular guests at the resort. The resort is the closest Big Rig park to the Sequoia and Yosemite national parks. 34 full hookup RV sites, 60 sites with water and electric, and 6 site with water. All sites have 30 and 50 amp electric. Very large sites with 22 pull thrus 34X100 feet, and backins are 42X80. Grass sites some with concrete patios and great shade trees. Amenities include an elegant clubhouse and fitness center, office, two sets of bathhouses, laundry, RV dump, Wifi, horseshoes, RV and boat storage, gated entrance, two beaches on the river, marina, and boat launch. Overnight and monthly rental rates are $40 and $550-$665 during September to May, and overnight $60-$85 May 17th-September 15th. At least 15% year over year revenue growth. The resort enjoys many rally groups and 22-26 monthly/extended stay guests and more expected this year during the non-summer months. The resort hosts two has two major events each year the Flat Bottom Boogie (Boat Show and Speed Demo) and Hot Rod Boogie (Car and Motorcycle Show). Well water and septic sewer utility services. Onsite management in place and manager mobile home included in the sale. The resort was extensively improved and renovated from 2008-2014 (see description) and is in excellent condition. Good Sam rated 9/9*/9. Visit their excellent web page at www.clubroyaloak.com
The seller has received a quote to add solar over the RV/boat storage area at a great return plus covered storage rent is double uncovered storage. The current uncovered storage makes approximately $30,000-$36,000 per year and so would double to $60,000-$72,000 per year. There is no covered storage in the area.