2399 Hwy 182 - Paradise Shores RV Park
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2399 Hwy 182 - Paradise Shores RV Park
1,240 SF Speciality Building Offered at £1,682,268 at a 9.08% Net Initial Yield in Bridgeport, CA 93517
Executive Summary
Paradise Shores RV Park offers a 9.08% entry cap rate and is located 40 miles from Yosemite and is near numerous pristine mountain lakes. Well operated and maintained, the park features 35 RV sites, 5 MH sites and 5 van/tent sites. The park includes 8 park
models, all unqiue and in fantastic condition. $75,000 in recent capital improvements helps keep loyal clientele happy and turns new visitors into raving fans.
Known to many as 'Hidden Yosemite', the park offers nearby trophy-quality fly fishing, world-class backpacking/hiking, rock climbing, horseback riding and direct access to BLM land for OHV enthusiasts. Highly rated on Hipcamp, Airbnb, Google, Yelp and Tripadvisor, this park is a favored stop for adventure seekers and those en route to Yosemite. Investors will benefit from strong occupancy, pro-rated deposits for the coming season, and a property perfectly positioned to capture the growing demand for outdoor recreation.
models, all unqiue and in fantastic condition. $75,000 in recent capital improvements helps keep loyal clientele happy and turns new visitors into raving fans.
Known to many as 'Hidden Yosemite', the park offers nearby trophy-quality fly fishing, world-class backpacking/hiking, rock climbing, horseback riding and direct access to BLM land for OHV enthusiasts. Highly rated on Hipcamp, Airbnb, Google, Yelp and Tripadvisor, this park is a favored stop for adventure seekers and those en route to Yosemite. Investors will benefit from strong occupancy, pro-rated deposits for the coming season, and a property perfectly positioned to capture the growing demand for outdoor recreation.
Property Facts
| Price | £1,682,268 | Building Class | C |
| Price Per SF | £1,357 | Lot Size | 2.00 AC |
| Sale Type | Investment | Building Size | 1,240 SF |
| Net Initial Yield | 9.08% | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 1959 |
| Property Subtype | Trailer/Camper Park | Parking Ratio | 10/1,000 SF |
| Price | £1,682,268 |
| Price Per SF | £1,357 |
| Sale Type | Investment |
| Net Initial Yield | 9.08% |
| Property Type | Speciality |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 1,240 SF |
| Number of Floors | 1 |
| Year Built | 1959 |
| Parking Ratio | 10/1,000 SF |
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PROPERTY TAXES
| Parcel Number | 008-181-008-000 | Improvements Assessment | £40,398 |
| Land Assessment | £896,664 | Total Assessment | £937,062 |
PROPERTY TAXES
Parcel Number
008-181-008-000
Land Assessment
£896,664
Improvements Assessment
£40,398
Total Assessment
£937,062
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2399 Hwy 182 - Paradise Shores RV Park
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