99 HCD Permitted Sites (Driftwood (34): 32 RV Sites, 1 MH Site & 1 APT | River Inn (65): 41 MH & 1 SFR plus 15 Approved MH Sites & 7 Approved RV Sites) averaging 84% occupancy (MH, not including RV component) produces $120,000 in Net Income, offering a clean 8% cap rate! With only 74 current existing sites and 9.9 acres (2.69 & 7.21 acres), there is ability to expand an additional 23 spaces. 30 rentals are park-owned (1 Driftwood & 29 River Inn). Electric is Sub-Metered & Gas is Propane. Well & Septic and Private Trash. Seller will consider financing. Terms to be negotiated.

Click the Link for an Offering Memorandum: https://wwws.stagexchange.com/strattongroup/CA1