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2399 Hwy 182 - Paradise Shores RV Park

1,240 SF Specialty Building Offered at $3,047,560 CAD at a 9.08% Cap Rate 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.

Property Facts

Price $3,047,560 CAD
Price Per SF $2,458 CAD
Sale Type Investment
Cap Rate 9.08%
Property Type Specialty
Property Subtype Trailer/Camper Park
Building Class C
Lot Size 2.00 AC
Building Size 1,240 SF
No. Stories 1
Year Built 1959
Parking Ratio 10/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
008-181-008-000
Land Assessment
$1,624,378 CAD
Improvements Assessment
$73,184 CAD
Total Assessment
$1,697,562 CAD
  • Listing ID: 33329088

  • Date on Market: 2024-09-27

  • Last Updated:

  • Address: 2399 Hwy 182, Bridgeport, CA 93517

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