100 Marina Drive
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100 Marina Drive
2,000 SF Specialty Building Offered at $8,990,000 at a 6% Cap Rate in Needles, CA 92363
INVESTMENT HIGHLIGHTS
- Comes with beer and liquor license.
EXECUTIVE SUMMARY
Needles Marina Resort! This 33 acre resort property has so much to offer and is a Rare and Unique Business opportunity located on the sparkling blue Colorado River! This Resorts overall design is well laid out with 239 total sites. This includes 156 RV spaces with full hookups and electrical meters, 76 mobile home spaces with competitive rents with two homes that are reserved for employees. There are 6 camping cabins that offer all the comforts of home. They are air conditioned with full linens and TVs in all 6 cabins. The improvements are not only attractive but functional. There are newly renovated bathrooms and showers as well as a new laundry facility with new washer and dryers that are owned out right by the resort. There are 111 RV/Boat storage units that were built in 2023 that are fully rented with a long waiting list of future tenants. The retail shop offers attractive merchandise as well as fishing gear and tackle , a small grocery store with beer and wine and a deli, a club house with kitchen for fun resort planned events and private offices. There is a brand new pool and spa for the guests to enjoy. The resort also offer a new pickle ball court, a shaved ice hut, dog friendly areas to take your pet along with you. This resort spared no expense to keep its guests entertained year round with a large floating concert stage in one of its private lagoons! There are 48 new large boat slips with a recently dredged marina for larger vessels and easy access on and off the river. There is a floating gas dock that is grandfathered in. The boat ramp has been improved as well. This is one of the few operating marinas that has a pull up gas station on the river! There is plenty of surplus land to build a restaurant and bar over looking the Colorado River! Don't miss out on this truly rare opportunity!
PROPERTY FACTS
Price | $8,990,000 | Property Type | Specialty |
Price Per SF | $4,495 | Building Size | 2,000 SF |
Sale Type | Investment | No. Stories | 1 |
Cap Rate | 6% | Year Built/Renovated | 1965/2021 |
Price | $8,990,000 |
Price Per SF | $4,495 |
Sale Type | Investment |
Cap Rate | 6% |
Property Type | Specialty |
Building Size | 2,000 SF |
No. Stories | 1 |
Year Built/Renovated | 1965/2021 |
PROPERTY TAXES
Parcel Number | 0660-301-09 | Improvements Assessment | $3,264,000 |
Land Assessment | $870,191 | Total Assessment | $4,134,191 |
PROPERTY TAXES
Parcel Number
0660-301-09
Land Assessment
$870,191
Improvements Assessment
$3,264,000
Total Assessment
$4,134,191
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100 Marina Drive
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