7749 KOA Rd, Shingletown, CA 96088
$1,750,000
Property Type:
Investment
Status:
Closed
Current Price:
$1,750,000
List Date:
11/17/2021
Last Modified:
9/01/2024
Description
Attention Investors & RV Campers! This may be your moment to own one of the top-reviewed, best running KOA Campgrounds in North America––The Mt. Lassen/Shingletown KOA is now available, and priced right @~9.6% CAP*(1031 Exchange?)! Take the reins and become an owner-operator of this forest paradise on 12.43 Acres, or even hire an onsite manager to live in the renovated 1-bedroom apartment. This is truly a well-loved business and guests are like family! Sale includes land, fixtures, equipment, and business. Features 33-RV Sites (30&50Amp), 10-Cabins, a beautifully renovated Log-style 3bed, 2bath home for 10 guests, 13-Tent sites, Renovated and stocked Kamp Store, POOL, Big Shop, Outbuildings, Nice Bathrooms, Golf Carts, Gator, Gathering tent, Playground, & More! See Video & Brochure!
Supplements: est. CAP 9.6% for Owner Operator. More data and financial info is available. Call Listing Agent.
More Information MLS# 21-5433
Address Information
Street Number: 7749
Street Name: KOA Rd
Cross Street: CA 44
State/Province: CA
Postal Code: 96088
County: Shasta
Property Description
Current Price: $1,750,000
Type: CO
Area: 32 - Shingletown
List Price: 1700000
Parcel Number: 096-310-001-000
Sq Ft - Building: 2741
Lot Dim or Acres: 541,451
GP Zone: SC R - Commercial Recreation
Zoning: SC - C-R - Commercial Recreation District
Year Built Desc: Unknown
Remarks
Public Remarks: Attention Investors & RV Campers! This may be your moment to own one of the top-reviewed, best running KOA Campgrounds in North America––The Mt. Lassen/Shingletown KOA is now available, and priced right @~9.6% CAP*(1031 Exchange?)! Take the reins and become an owner-operator of this forest paradise on 12.43 Acres, or even hire an onsite manager to live in the renovated 1-bedroom apartment. This is truly a well-loved business and guests are like family! Sale includes land, fixtures, equipment, and business. Features 33-RV Sites (30&50Amp), 10-Cabins, a beautifully renovated Log-style 3bed, 2bath home for 10 guests, 13-Tent sites, Renovated and stocked Kamp Store, POOL, Big Shop, Outbuildings, Nice Bathrooms, Golf Carts, Gator, Gathering tent, Playground, & More! See Video & Brochure!
Directions: From Redding
HWY 44 East past Shingletown stores.
Right turn at sign.
Contract Information
Status: Closed
Sold Date: 2021-12-30
Under Contract Date: 2021-11-22
Sold Price: $1,750,000
List Date: 2021-11-17
Utilities
Data Link: CABLE
Financial Info
Cap Rate: 9.6
Property Features
Business Type: Resort Recreation; See Remarks
Present Use: Resort/Recreation
Parking: Common; Off Street
Sale Inclusions: Business; Equipment; Inventory; Land; Trade Fixtures
Expense Data Source: Accountant; Books; Broker Estimate; Owner Actual; Projected
Owner Expenses: Advertisement; Electric; Garbage; Insurance; Legal; Reserve; Taxes
Miscellaneous: Signage
Utilities: 110V; 220V; Propane; Separate Meter; Septic; Telephone
Available Terms: All Cash to Seller; Cash; New Loan; Submit
Possession: Arrange; Close of Escrow
Selling Terms: Cash
Listing Office: Jungle Realty Group
Last Updated: September - 01 - 2024
Information deemed reliable but not guaranteed.