Tremendous renovation and development play of two contiguous California resort complexes being sold together on 48 acres overlooking the Pacific Ocean at the mouth of the Smith River and bounded on the east by Highway 101. Smith River is just south of the Oregon border and the area is known for world class salmon and steelhead fishing. The Northern California coast boasts some of the most spectacular coastal scenery and is within a short drive of the Redwoods National Park. The properties offer 136 mobile home sites, 288 RV sites, a 50 units motel, two rental houses, a two story restaurant and bar building, 12 acres of vacant land, and tremendous potential. Rental and occupancy rates are very low for all of the different revenue sources offering great potential and upside to a buyer. Broker believes with renovation and an aggressive marketing plan with a new web page, online reservations, and an internet marketing campaign through www.reachlocal.com the property will be “discovered” by much of the market. Additional information can be obtained on their web page at www.ship-ashore.com.

The mobile home parks have direct and submetered gas and electric, the RV parks submetered 30 amp electric (upside by upgrading sites to 50 amp), county water, and the parks are serviced by their own onsite sewage treatment plant.

Broker really likes the new manufactured home and park model sites play. Just 12 miles to the north in Brookings, Oregon there are a number of very successful park model resorts. The area is a prime second home market with people looking for a cooler, ocean climate during the hot summers. The RV park industry is also booming with 400,000 new recreational vehicles being sold in 2015, record occupancy and rental rates at many California RV parks, and the RV park should be upgraded and marketed to capture a much higher revenue stream.