3922 Pentz Road Active Save Request In-Person Tour Request Virtual Tour
Paradise,CA 95969
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $1,472
MLS Listing ID CRSN24154121
Lot Size 5.500 Acres
Property Description
Discover an exceptional investment opportunity with this well-established RV park, boasting a robust history of consistent income. Catering to a long-term, diverse tenant base, the park offers a relaxed shady campground setting. Currently, there are 21 permitted spaces, plus a versatile bonus space #0, totaling 22 spaces. Five of these spaces feature breathtaking lake views, enhancing their appeal and rental value. Currently, all tenants are long-term. Vacancies fill up quickly with little need to advertise. AGR is $142,500. NOI $102,205, CAP 8% GRM 9. A more detailed brochure is available upon request. Each space is equipped with all-new submetered electricity pedestals and two hose bibs. There park has conventional septic and there are mobile pump-out services available. The park amenities include well-maintained male and female restrooms with showers, a new 100-gallon water heater, and a coin-operated laundry facility. Upgrades include all-new underground water & electricity infrastructure including new 50, 30, 20 amp pedestals. Two new recently installed 400 amp main panels ensure reliable service to all tenants and enough power for expansion. A key feature of this property is the undeveloped acreage. The seller has secured a current permit from the California Department of H
Location
State CA
County Butte
Building
Water Public