Lake County Portfolio
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Lake County Portfolio
2 Multifamily Properties in Multiple Locations
Investment Highlights
- $359,00 Annual NOI
- 4.25 Acres
- Easy Lake Access
- 71 Pads, 1 Apartment, 1 Bungalow
- Beautiful views of Clear Lake
Executive Summary
MHP Brokerage is pleased to present for sale the Lake County RV Portfolio. The first property in the portfolio is the Drift Inn RV Resort,
this resort was built in 1977 and sits on 4.25 acres of prime lakefront land in Nice, California. This property features 49 Pads, 1 Bungalow, and 1 Apartment with a 92% occupancy rate, generating $252,408 annually in NOI. The second property in the portfolio is less than a mile away and sits on ~1 acre of land and features 22 Pads with a 100% occupancy rate, generating over $101,708 annually in NOI.
this resort was built in 1977 and sits on 4.25 acres of prime lakefront land in Nice, California. This property features 49 Pads, 1 Bungalow, and 1 Apartment with a 92% occupancy rate, generating $252,408 annually in NOI. The second property in the portfolio is less than a mile away and sits on ~1 acre of land and features 22 Pads with a 100% occupancy rate, generating over $101,708 annually in NOI.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 6,750 SF |
| Number of Properties | 2 | Total Land Area | 4.17 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,750 SF |
| Total Land Area | 4.17 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Drift Inn RV Resort
2730 Lakeshore Blvd, Upper Lake, CA 95485 |
Multifamily | 6,000 SF | 1943 | - |
| 3317 Hwy 20, Nice, CA 95464 | Multifamily | 750 SF | 1966 | - |
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Lake County Portfolio
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