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For Sale
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O a k K n o l l P a
r
k
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Northern San Diego
Park
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♦ $1,390,000 on 10 Acres
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Great Base Income
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♦ Near 3 Major Casinos, Scenic Mt. Location
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Investor / Owner User
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♦ Open year round, all four seasons
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FOR SALE
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♦ Huge Open Field, Pool and Game Room
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MHRV ADVISORS: Great base income & demand in the tight San Diego market area. The revenue stream can be greatly
increased with a more active investor in terms of marketing or a hands on owner operator. The park currently
operates with 26 or 56% of the income from long term tenants with 20%
and 13% coming from RV / Camping & Cabin rentals respectively (the 26 spaces are the full hook up spaces). The
remaining 11% come from utility, store and other income.
The opportunity to grow and take of advantage of different opportunities is made possible from the large 10.41
acres and existing amenities. The spacious area at the front of the park is currently a softball field that is
largely unused. Existing amenities include, a pool, basketball court, store/office with game room.
This city close / country quiet location is near the 4 Diamond Pala Resort & Casino, the popular Pala Moto
Speedway as well as the Pauma Valley and Harrah’s Rincon Casinos. Near Mt. Palomar the park is just west of
Lake
Henshaw
.
Mt. Palomar is the source of Arrowhead bottled water, the same water the parks brand new well is supplying to the
park. There is an existing SBA loan(s) at $363,000 at 5.64% ($2738.30) and 600,000 at 8.69% (4,961.49) totaling
$7,700 per month $92,400 Per Year. Please contact brokers for more details.
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Please do not contact property manager
or tenant. All visits must be approved by MHRV Advisors
prior to visit.
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MHRV Advisors fully
cooperates and openly encourages broker and agent participation on all of our
listings.
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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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