$1,750,000
Shingletown, CA 96088
MLS# 21-5433
Status: Closed

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Property Description
Attention Investors & RV Campers! This may be your moment to own one of the top-reviewed, best running KOA Campgrounds in North America––The Mt. Lassen/Shingletown KOA is now available, and priced right @~9.6% CAP*(1031 Exchange?)! Take the reins and become an owner-operator of this forest paradise on 12.43 Acres, or even hire an onsite manager to live in the renovated 1-bedroom apartment. This is truly a well-loved business and guests are like family! Sale includes land, fixtures, equipment, and business. Features 33-RV Sites (30&50Amp), 10-Cabins, a beautifully renovated Log-style 3bed, 2bath home for 10 guests, 13-Tent sites, Renovated and stocked Kamp Store, POOL, Big Shop, Outbuildings, Nice Bathrooms, Golf Carts, Gator, Gathering tent, Playground, & More! See Video & Brochure!
Details
Maps
Address Information
Cross Street: CA 44
Street Number: 7749
Street Name: KOA Rd
State/Province: CA
Postal Code: 96088
County: Shasta
Property Description
List Price: 1700000
Parcel Number: 096-310-001-000
Lot Dim or Acres: 541,451
Sq Ft - Building: 2741
GP Zone: SC R - Commercial Recreation
Zoning: SC - C-R - Commercial Recreation District
Year Built Desc: Unknown
Current Price: $1,750,000
Area: 32 - Shingletown
Remarks
Public Remarks: Attention Investors & RV Campers! This may be your moment to own one of the top-reviewed, best running KOA Campgrounds in North America––The Mt. Lassen/Shingletown KOA is now available, and priced right @~9.6% CAP*(1031 Exchange?)! Take the reins and become an owner-operator of this forest paradise on 12.43 Acres, or even hire an onsite manager to live in the renovated 1-bedroom apartment. This is truly a well-loved business and guests are like family! Sale includes land, fixtures, equipment, and business. Features 33-RV Sites (30&50Amp), 10-Cabins, a beautifully renovated Log-style 3bed, 2bath home for 10 guests, 13-Tent sites, Renovated and stocked Kamp Store, POOL, Big Shop, Outbuildings, Nice Bathrooms, Golf Carts, Gator, Gathering tent, Playground, & More! See Video & Brochure!
Directions: From Redding
HWY 44 East past Shingletown stores.
Right turn at sign.
Business Type
Resort Recreation: 1
See Remarks: 1
Present Use
Resort/Recreation: 1
Parking
Common: 1
Off Street: 1
Sale Inclusions
Business: 1
Equipment: 1
Inventory: 1
Land: 1
Trade Fixtures: 1
Miscellaneous
Signage: 1
Utilities
110V: 1
220V: 1
Data Link: CABLE
Propane: 1
Separate Meter: 1
Septic: 1
Telephone: 1
Available Terms
All Cash to Seller: 1
Cash: 1
New Loan: 1
Submit: 1
Expense Data Source
Accountant: 1
Books: 1
Broker Estimate: 1
Owner Actual: 1
Projected: 1
Possession
Arrange: 1
Close of Escrow: 1
Selling Terms
Cash: 1
Owner Expenses
Advertisement: 1
Electric: 1
Insurance: 1
Taxes: 1
Garbage: 1
Legal: 1
Reserve: 1
Financial Info
Cap Rate: 9.6
Contract Information
Status: Closed
Sold Date: 2021-12-30
Under Contract Date: 2021-11-22
Sold Price: $1,750,000
List Date: 2021-11-17
Property Features
Business Type: Resort Recreation; See Remarks
Present Use: Resort/Recreation
Parking: Common; Off Street; Off Street
Sale Inclusions: Business; Equipment; Inventory; Land; Trade Fixtures
Expense Data Source: Accountant; Books; Broker Estimate; Owner Actual; Projected
Owner Expenses: Advertisement; Electric; Garbage; Insurance; Legal; Reserve; Taxes
Miscellaneous: Signage
Utilities: 110V; 220V; Propane; Separate Meter; Septic; Telephone
Available Terms: All Cash to Seller; Cash; New Loan; Submit
Possession: Arrange; Close of Escrow
Selling Terms: Cash
Supplements
est. CAP 9.6% for Owner Operator. More data and financial info is available. Call Listing Agent.
IDX
Listing Office: Jungle Realty Group
Last Updated: September - 01 - 2024
Information deemed reliable but not guaranteed.