Ideal RV Park in One of the Most Beautiful, Charming Small Mountain Towns PIONEER RV PARK 1326 Pioneer Road, Quincy, CA 68 RV Sites + Owner Manufactured Home Big Rig Sites, County Sewer & Water, Mostly 50 Amp Electric, Pull Thrus, Lawn Areas County Pool, Playground, Skate Park Next Door Great Glamping Location Good Sam Rating 9/10*/10 Rating 10.4% Cap Rate, 15.6% Cash Flow $1,775,000 Sales Price T John Grant 858 586 9400 Email: john@parkbrokerage.com Information contained herein has been obtained from the owner of the property or from other sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it.
PIONEER RV PARK 68 RV Sites + Owner Homes in the Sierras Price $1,775,000 Down Payment $532,500 Address/City 1326 Pioneer Road, Quincy Historical Financials See Attached Excel Spread Sheet Capitalization Rate 10.4% Total Parcel Size 6.5 Acres County Plumas Age Built 1989 PROPERTY DESCRIPTION AND RENTAL INFORMATION: Pioneer RV Park is nestled in the heart of the Sierra Nevada Mountains at an elevation of 3,500 feet and surrounded by tall mountains. It is located between Lake Tahoe and Lassen National Park and is only 70 miles from Reno, Nevada. 62 full hookup RV sites, 3 water and electric sites, 3 electric only sites, and a 1997 Fleetwood 2 Bedroom/2 bath, 1,250 sf owner manufactured home with office (permitted for 62 fhu RV sites and 1 mh site). Very low density with Big Rig 50 feet wide and 65 feet and longer sites. 37 pull thrus, 6 double sites, and all but 9 sites have 50 amp electric. Approximately 50% of the sites have a lawn area. County sewer and water utility services. Amenities include a club room with outside covered tables, free wifi throughout the park, satellite tv, two separate restroom facilities with showers, laundry room, dump station, and the park sells propane. The park also has a 1,400 sf maintenance building with a bathroom. Right next door to the park is county run Pioneer Park with an olympic sized swimming pool, playground, skate park, tennis and pickleball courts, frisbee golf course, and the county fairgrounds. Pioneer is one of the highest rated Good Sam parks with a 9/10*/10 rating. Rental rates are low and being raised for 2019. Upside to a buyer by adding glamping accommodations, operating a store, and reopening the tent area. Please review their web page at www.pioneerrvpark.com LOAN INFORMATION: Broker anticipates a new 70% ltv or $1,242,500 at 5.5% fixed for 5 years then rolling to an adjustable interest rate for another 5 years, 30 years amortization, monthly payment $7,054.78 Est. Spendable Return 15.6% No. Spaces 69 State California Loan Buyer to Obtain Total Return 21.9% Water Municipal Sewer Municipal Listing Salesman John Grant (858) 586-9400 Price Per Site: $25,725 NET INCOME $184,430 TOTAL ANNUAL PRIN. & INTEREST PAYMENT $84,657 EST. ANNUAL PRE TAX CASH FLOW (SPENDABLE) $99,773 PLUS PRINCIPAL REDUCTION YEAR 1 $16,738 TOTAL RETURN $116,511
o o c 03 3> IB. O' O > CO ~D -i» o a-iq. 3 OQ TJ O DaiOCOTiciOTJ33 -i^sdocsdjo ' - S&»a3S*«Qu-aw SSlllf B o cr =r!ij a> O m>9l» H CD s a.» o' < D -o = > TI Q3 "-a O fn rr =j c CD t» <B RESTROOM CODE: en CO 3 - CO 8 id O
Discounts HonoreH- Occupancy Rates by % 2018 2017 2016 2015 Jan. 43.5 41.3 25.4, 21 Feb 40.8 41.6 26.6 24.8 Mar 41 53.4 29.9 26 Apr 47 59 38.6 33.3 May 65.4 74.4 49.1 60.4 Jun 70.4 77 56.9 64.6 Jul 79 71.6 69.5 67.1 Aug 83 66.8 66.2 76 Sep 79 76.3 74 66.1 Oct 65.3 57 66.3 52.6 Nov 43.44 42.4 26.3 Dec 43.8 41.1 23 Jan-Dec 58.9 49 63.2 May 1st- Oct 15th 74.7 72.6 64 66.4 www.pioneerrvpark.com (530)283-0769 RATES FOR 2018 DAILY RATE $39.00 Full Hook-ups & SAT TV $30.00 Water & Electric only WEEKLY $234.00 Full Hook-ups & SAT TV MONTHLY $450 - $500, Plus Electricity $50-$100 Deposit All rates are for 2 (two) registered guests per RV ADDITIONAL PEOPLE $5.00 per person, per night, ages 18 & over Limit of 6 persons per RV Site A 9% County Transient Occupancy Tax applies to all rates less than 30 days. RV Storage - $50 monthly