Description
ZONED Prime Recreational (REC-P) allowing multiple uses: RV Resort (14 sites per acre) / Boutique Lodging / Event Venue / Adventure Tourism / Health & Wellness Resort / Manufactured Home Community if recreation oriented. Property includes existing well producing 20 gallons per minute at 64 from 60 foot depth, with option to drill deeper to access geothermal temperatures. 1,101 feet of creek frontage. CURRENT INCOME from 9 RV hookups with full utilities (water, sewer, electrical). Two 40' luxury fifth wheel trailers and a 1,400 SqFt Trex deck included. UTILITIES: City water, sewer, and power with new underground wiring in place. Located within 1 mile of new restaurants, grocery, and gas station. Lake Almanor 9 miles / Plumas National Forest 31 miles / Lassen Volcanic Park 40 miles. Regional tourism exceeds 3M annual visitors creating strong year-round demand. Positioned for expansion into RV resort, lodging, wellness, or mixed-use development. See attached Pro Forma with 60 RV Park producing NOI of $576K annually, with valuations between $4.8M and $7.2M depending on cap rate.
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0BEDS
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8.07ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listed by Mike Fowler of EXP Realty of California, Inc: (925) 922-2011.
Description
ZONED Prime Recreational (REC-P) allowing multiple uses: RV Resort (14 sites per acre) / Boutique Lodging / Event Venue / Adventure Tourism / Health & Wellness Resort / Manufactured Home Community if recreation oriented. Property includes existing well producing 20 gallons per minute at 64 from 60 foot depth, with option to drill deeper to access geothermal temperatures. 1,101 feet of creek frontage. CURRENT INCOME from 9 RV hookups with full utilities (water, sewer, electrical). Two 40' luxury fifth wheel trailers and a 1,400 SqFt Trex deck included. UTILITIES: City water, sewer, and power with new underground wiring in place. Located within 1 mile of new restaurants, grocery, and gas station. Lake Almanor 9 miles / Plumas National Forest 31 miles / Lassen Volcanic Park 40 miles. Regional tourism exceeds 3M annual visitors creating strong year-round demand. Positioned for expansion into RV resort, lodging, wellness, or mixed-use development. See attached Pro Forma with 60 RV Park producing NOI of $576K annually, with valuations between $4.8M and $7.2M depending on cap rate.
Licensed in the State of California.
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