25433-25465 South Avenue

    Corning, CA 96021
    • $1,850,000
    • STATUS: Active
    • ON SITE: 415 days
    • ID#: SN18076631
    UPDATED: 61 min ago
    $1,850,000
    • 0
      BEDS
    • 8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,800
      SQFT
    • $1,028
      $/SQFT
    Type:
    Commercial
    Built:
    1953
    County:

    School Ratings & Info

    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+GGs, 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+GGs 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.)

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-25T20:32:09.383. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/82291733

    25433-25465 South Avenue Corning, CA 96021

    • Price: $1,850,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: SN18076631
    0
    Beds
    0
    Baths
    0
    ½ Baths
    8
    Acres
    1,800
    SQFT
    $1,028
    $/SQFT
    1953
    Built
    County:
    Tehama
    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+GGs, 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+GGs 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.)
    Exterior Features

    Lot Features Park Nearby Lot Size Units Acres

    Interior Features

    Condo Area Units Square Feet Laundry Features Community

    Property Features

    Additional Parcels Description 079220003000 Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 13.00 Country Us Gross Scheduled Income 445000.00 Investment Property YN Yes Laundry YN Yes Living Area Source Public Records Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 245000.00 Operating Expense 200000.00 Park Name Woodson Bridge Rv Park Property Sub Type Mobile Home Special Listing Conditions Standard Utilities Electricity ConnectedPropane Water Source Well

    Listing provided courtesy of Mary Mcgowan Anderson of Coldwell Banker/Dufour


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-25T20:32:09.383. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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