RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 9.4%
- Listing ID: 804344
- Posted On: Apr 18, 2017
- Updated On: Apr 28, 2017
Description
Located on the desirable Feather River in scenic Clio, CA., this Guest Rated 'A' property shows a 13.49% increase in Gross Revenue over 2015! Meticulously maintained and ready for new owner to realize the upside. With $800k down, owner will finance at 4%, amortized over 15 years, due in 10.
The resort area of Graeagle is in a prime location near the Plumas and Tahoe National Forests, nestled on the Feather River for fishing, swimming and water sports right from the resort itself. An hour's drive from Reno, 2 1/2 hours from Sacramento. Visit www.riversedgervpark.net for more info!
Amenities
- Laundromat
- Club House
- 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: | 215 |
Size: | 27.0 acre(s) |
Financial Information
Gross Income: | $533,536 |
Operating Expense: | $255,228 |
Net Operating Income: | $272,534 |
Expense Ratio: | 47.8 % |