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For Sale
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S u s a n v i l l e R V P a r
k
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Modern 1990's &
2005
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♦ $1,850,000 101 New
Modern Spaces
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Solid Vistor Base / Income
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♦ Can't be built for this price!
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Susanville, CA
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♦ Perfect Condition, ready to operate
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FOR SALE
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♦ Reoccurring Monthly Cash Flow
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MHRV ADVISORS: Reoccurring Cash Flow! Modern 101 Large, full hookup RV spaces, built 1996, 1999 and 2005 making
this one of newer parks in California. Great location close to freeways and shopping. 80% of revenue is generating
by long term stays and utility re-imbursements. A new owner can capitalize on increasing daily and weekly income
while maintaining existing monthly revenue. The park is on all city water and sewer. There are 65 large 60ft pull
thru sites that are loved by
RV’ers
. The park has a complete amenity package with a managers
2bd/2ba apartment, office, restrooms, WIFI, small store and workout room.
Revenue has stayed fairly consistent in 2008, 2009 and 2010 despite the downturn in the economy. In fact 2008 saw
higher gross revenue than 2010 despite the record gas prices during the 2
nd
half of 2008.
RV’ers
have invested quite a bit of money in their rigs and they are going continue using them even with gas prices
topping $4.00 per gallon. Other sacrifices will be made or trips will be modified, but they still put their rigs
out on the road.
This a great opportunity to purchase a new RV park with no deferred maintenance, a stable monthly tenant base and
the ability to drastically increase the daily and weekly revenue potential.
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Subject Photo
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| Please do not contact
property manager or tenants, contact MHRV Advisors before any visit. |
THE
PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, EXPENSE, AND ALL OTHER INFORMATION CONTAINED
HEREIN.
The
information contained herein has either been given to us by the owner or the property or obtained from
sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee
it. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not
necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these
estimates and assumptions made above, as well as the investment income, the tax bracket and other factors
which your tax advisor and/or legal counsel should evaluate.
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