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For Sale
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S h e l t e r C o v
e
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Nor Cal Coast On Oceans
Edge
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♦ $6,975,000 Fee Simple
New Pricing
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Prime Coastal Real Estate
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♦ On Northern California Coast
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Fee Simple Real Estate
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♦ 105 spaces (98 RV 7 Tent)
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FOR SALE
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♦ Future Land Bank Commercial Zoning
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MHRV ADVISORS: Located on right on California’s Lost Coast, this park
presents an incredible redevelopment or upgrade/rehab opportunity. Right at the ocean’s edge with direct access to
fishing, whale watching, beach combing and tide pools it hard to find such a large parcel with commercial
zoning. The park is also located right at the end of the airport runway and adjacent to the area golf
course.
Very consistent gross revenue of $500,000 to $600,000 every year since 2004. 2009 reflects a complete burn
down of the store and deli in the 1st half of 2009 and complete rebuild that was finished midyear 2009. 7ac
acres of commercial zoned fee simple real estate right on the California Coast with City Water and City Sewer
(resort improvement district). Residential lots in area start at $25,00+ $37,500 in sewer, water and electric
permit fees making this a very valuable piece of commercial property.
The RV park is in need of additional management and operations, there is no website for the park and no advertising
to speak of.
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Please do not contact property
manager or tenants. 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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