2399 Hwy 182 - Paradise Shores RV Park
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2399 Hwy 182 - Paradise Shores RV Park
1,240 SF Specialty Building Offered at $2,150,000 at a 9.08% Cap Rate in Bridgeport, CA 93517
Executive Summary
Paradise Shores RV Park offers a 9.08% entry cap rate and is located 40 miles from Yosemite and is near numerous pristine mountain lakes. Well operated and maintained, the park features 35 RV sites, 5 MH sites and 5 van/tent sites. The park includes 8 park
models, all unqiue and in fantastic condition. $75,000 in recent capital improvements helps keep loyal clientele happy and turns new visitors into raving fans.
Known to many as 'Hidden Yosemite', the park offers nearby trophy-quality fly fishing, world-class backpacking/hiking, rock climbing, horseback riding and direct access to BLM land for OHV enthusiasts. Highly rated on Hipcamp, Airbnb, Google, Yelp and Tripadvisor, this park is a favored stop for adventure seekers and those en route to Yosemite. Investors will benefit from strong occupancy, pro-rated deposits for the coming season, and a property perfectly positioned to capture the growing demand for outdoor recreation.
models, all unqiue and in fantastic condition. $75,000 in recent capital improvements helps keep loyal clientele happy and turns new visitors into raving fans.
Known to many as 'Hidden Yosemite', the park offers nearby trophy-quality fly fishing, world-class backpacking/hiking, rock climbing, horseback riding and direct access to BLM land for OHV enthusiasts. Highly rated on Hipcamp, Airbnb, Google, Yelp and Tripadvisor, this park is a favored stop for adventure seekers and those en route to Yosemite. Investors will benefit from strong occupancy, pro-rated deposits for the coming season, and a property perfectly positioned to capture the growing demand for outdoor recreation.
Property Facts
Price | $2,150,000 | Building Class | C |
Price Per SF | $1,734 | Lot Size | 2.00 AC |
Sale Type | Investment | Building Size | 1,240 SF |
Cap Rate | 9.08% | No. Stories | 1 |
Property Type | Specialty | Year Built | 1959 |
Property Subtype | Trailer/Camper Park | Parking Ratio | 10/1,000 SF |
Price | $2,150,000 |
Price Per SF | $1,734 |
Sale Type | Investment |
Cap Rate | 9.08% |
Property Type | Specialty |
Property Subtype | Trailer/Camper Park |
Building Class | C |
Lot Size | 2.00 AC |
Building Size | 1,240 SF |
No. Stories | 1 |
Year Built | 1959 |
Parking Ratio | 10/1,000 SF |
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PROPERTY TAXES
Parcel Number | 008-181-008-000 | Improvements Assessment | $51,630 |
Land Assessment | $1,145,970 | Total Assessment | $1,197,600 |
PROPERTY TAXES
Parcel Number
008-181-008-000
Land Assessment
$1,145,970
Improvements Assessment
$51,630
Total Assessment
$1,197,600
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2399 Hwy 182 - Paradise Shores RV Park
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