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Redwoods River Resort

2 Properties Offered at £3,834,005 in Leggett, CA

Executive Summary

8.87 day 1 cap rate. Recent six figure upgrades to water, sewer, power and large outdoor courtyard. Irreplaceable location. Nestled among towering redwoods (some 1000+ years old on the property), which attract visitors from around the world A variety of lodging options, including cabins, RV sites, and tent camping, catering to different guest preferences. Features a pub, seasonal pool, large playground, and game room, providing entertainment and relaxation options for all ages. Ideal for weddings and corporate events. A welcoming destination for families, with numerous activities both within the park and within the immediate region. Ability to increase occupancy with increased advertising. Same owner for 27 years. Numerous loyal return customers. Significant zoning/permitting progress made towards approval to bring full hookups to current tent sites. Plans available. Year built is undetermined - buyer to complete all due diligence related to property including year built.

Property Facts

Price £3,834,005
Price / SF £766.80 / SF
Net Initial Yield 8.87%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 1
Total Building Size 5,000 SF
Total Land Area 42.51 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Redwoods River Resort
75000 US-101, Leggett, CA 95585
Speciality - 1970 £3,834,005
Redwoods River Resort
75000 US-101, Leggett, CA 95587
Hospitality 5,000 SF 1970 -
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  • Listing ID: 33644171

  • Date on Market: 25/10/2024

  • Last Updated:

  • Address: Redwoods River Resort, Leggett, CA

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