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240 Sharps RdYreka, CA 96097
Waiiaka RV and Mobile Home Park
Asset ClassMultifamily
# Sites88
Land: 7 AcresCap Rate: 7.3%Max LTV: 75%Access Data Room
Seller Carry Available - Blend of 60 Long-term and Transient RV with 28 Age-restricted MH Sites
overview of deal

Overview

Waiiaka is located in Yreka, and is a 88-site park, comprised of mix of 60 long-term and transient RV spaces, along with 28 designated 55+ years old mobile home spaces on 7-acres.

 

The Park is serviced by city sewer and water, and is shaded by many trees that provide a park like atmosphere.

Access the Data Room

Investment Highlights

- Seller Carry Loan Available with 25% down payment, terms negotiable. Call Agent for more information.

- Unit mix of 31% Age-restriced mobile home spaces (28 total).

- Unit mix of a blend of 60 long-term and transient RV spaces.

- Serviced by City Water and Sewer

- Substantial Upside Potential with shift to dynamic pricing, ability for on-line reservations, and keeping the park opened more than 3-days per week.

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240 Sharps RdYreka, CA 96097
Rain Rock Casino
Siskiyou Golden Fairgrounds
Mt. Shasta

Broker

Rand HoffmanSenior Vice President

License #: 01706303

503.502.1752 rand.hoffman@kidder.com

Inquire

Listing provided by Revere CRE