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For Sale
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O.cean Breeze - RV
Park
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Rare Beachside RV
Park
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♦ $2,600,000 - Beachside RV Park
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San Luis Obispo
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♦ 35 Spaces (33 RV & 2 MH Spaces)
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Oceano, California
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♦ Below Market Rates and Terms
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Status: For
Sale
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♦ Unique strategic location (see map)
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Prime Location-Feasible Development
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♦ Access to only CA state vehicle beach
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Short Term Monthly Tenants
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♦ On City Services, Park Pays All
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MHRV ADVISORS: This coastal beachside RV park is a rare opportunity to not only purchase one of the few RV parks
with close beach access, but a park located at 1 of only 2 access points to the only vehicle permitted California
State Beach. Currently operating to facilitate redevelopment, the park accepts only monthly occupancy with a
maximum stay of 6 months. The park does not accept daily or weekly occupancy but could do so. With the exception of
the park owned management home and another family owned home there are only two occupants that fall under long term
residency. The park is in very close proximity to
Oceano
County Airport.
A new owner could continue the operate the park as a cash flowing “Land Bank” under the current operations that are
more flexible for future development or convert the property to either a full time occupancy park or a prime
boutique location for a RV park chain .
As a strategic location, coastal access is
extremely limited
along this stretch of the California coastline with state parks and preserves to the north and south including
Pismo Dunes Natural Preserve.
This park is serviced by city water and sewer with average rents at $572 with all utilities paid by the park.Other
monthly RV Parks in the are operate similarly but at rents ranging from $630 to $900 monthly.
| Please do not contact
property manager or tenants, contact MHRV Advisors before any vist. |
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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