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Key Details
Sold Price $1,750,000
Property Type Commercial
Sub Type Mobile Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN18076631
Sold Date 12/03/19
HOA Y/N No
Year Built 1953
Lot Size 8.000 Acres
Property Description
Fantastic Investment Property, with 13% cap rate! Woodson Bridge RV Park has 111 spaces with water and electric hook ups on 8 acres on the Sacramento River adjacent to a state park that has a convenient boat launch. The RV park includes an office/store with a huge deck overlooking the beautiful river and a private dock that can moor 8-10 boats. Additionally, there is a river front club house with a kitchen, pool table, many tables and chairs, an outdoor patio area, 2 BBQ’s, a fish cleaning station, and plenty of room to play games! There is a large shop, 2 bath houses, 2 wells, 2 lg propane tanks and 3 small propane tanks, and a 2 bed, 2 bath home on the river. There are 20-30 river front spaces, room for tent camping, a basketball court, and more. Low vacancy rate and Gross rent multiplier of 4.2. A Fisherman’s Heaven and an Investors Jackpot! (The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Sq. ft., bed/baths , & lot size taken from public records. Buyer is advised to investigate to their satisfaction.)
Location
State CA
County Tehama
Building/Complex Name Woodson Bridge RV Park
Interior
Fireplace No
Laundry Common Area
Exterior
Community Features Park
Utilities Available Electricity Connected, Propane
Building
Lot Description Near Park
Water Well
Architectural Style Mobile Home
Others
Tax ID 079220002000
Financing Conventional
Special Listing Condition Standard
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Bought with Non-Member Agent CHICO • Non-Member Office CHICO