This Multifamily Property is Off-Market.

36445 Soapmine Road
Barstow, CA 92311 ·

33 Spaces · Multifamily For Sale

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PRICE REDUCED! Shady Lane RV Camp

Price N/A Property Use Type Investment
No. Spaces 33 Commission Split 2%
Property Type Multifamily Cap Rate 8.40%
Property Sub-type Mobile Home/RV Community Lot Size 2 AC
Listing ID: 16207354 Date Created: 04/24/2009 Last Updated: 01/28/2010

Description

PRICE REDUCTION!!! The Property is approximately 2 acres of land and is currently licensed for 33 RV spaces. Twenty-two of the spaces are occupied by month-to-month rentals and eleven spaces are reserved for overnight RV guests. There are two restrooms and shower facilities sharing the building housing the laundry room. The three septic systems are less than 10 years old, 6 drywells have been replaced within the past three years and the electric and water infrastructure has had recent upgrades. Three mobile homes come with the property and are being used by the onsite owners. These homes can be rented for between $500 and $700 per month each.

The property is located less than 2 miles from I-15, the major corridor between the Los Angeles basin and Las Vegas, Nevada. It is also within 3 miles of the intersection of I-40, heading towards Arizona and I-15. The camp' s location along this key transportation corridor has long been one of the cornerstones to its success as an ongoing business concern.

Highlights

  • Overnight rates $15 less than nearest competition
  • All major utility infrastructure upgrades completed
  • Three mobile homes come with the park to be rented our used by new owner
  • Increase services by accepting credit cards, providing online reservations
  • Great customer base and many repeat visitors
  • Steady income from month-to-month rentals and highly profitable overnighters

Research

36445 Soapmine Road, Barstow, CA 92311 (San Bernardino County)

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