Description
Discover an exceptional investment opportunity with this well-established rv park, boasting a robust history of consistent income. catering to a long-term, diverse tenant base, the park offers a relaxed shady campground setting. currently, there are 21 permitted spaces, plus a versatile bonus space #0, totaling 22 spaces. five of these spaces feature breathtaking lake views, enhancing their appeal and rental value. currently, all tenants are long- term. vacancies fill up quickly with little need to advertise. each space is equipped with all-new submetered electricity pedestals and two hose bibs. there park has conventional septic and there are mobile pump-out services available. the park amenities include well-maintained male and female restrooms with showers, a new 100-gallon water heater, and a coin-operated laundry facility. upgrades include all-new underground water & electricity infrastructure including new 50, 30, 20 amp pedestals. two new recently installed 400 amp main panels ensure reliable service to all tenants and enough power for expansion. a key feature of this property is the undeveloped acreage. the seller has secured a current permit from the california department of housing and community development authorizing the addition of 15 new spaces. this permit is transferable to the buyer, presenting a unique opportunity for expansion. the sale includes comprehensive engineered plans, a significant investment exceeding $100,000. additionally, the permit and plans cover the installation of septic systems for four existing spaces enhancing the property's infrastructure. a copy of the permit is available upon request. this presents a lucrative opportunity for expansion, whether as long-term rentals, or short-term rentals with potential rates starting at $50 per night. the location is prime, just 2 miles from lime saddle boat marina, 20 miles from chico, and 10 minutes from butte college, making it ideal for both tourists and residents. the undeveloped acreage could also be used for boat storage or tent camping. situated just south of the city limits of the town of paradise, this property enjoys a mild climate with little chance of winter snow. no apparent adverse easements, encroachments, or other conditions impact the property. this is a rare chance to acquire a high-performing asset with significant growth potential. take advantage of this remarkable opportunity to maximize your investment portfolio.
Property Type
Residential IncomeCounty
ButteStyle
Residential IncomeAD ID
46547217
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Septic Tank
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Exterior Features
Building Information
- Year Built: 2023
- Building Area Total: 900
Pool Features
- None
Laundry Features
- Common Area,Inside
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 5.5
- Lot Size Source: Assessor
- Lot Size Square Feet: 239580
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Listing Information
Listing Price Information
- Original List Price: 1,295,000
- Listing Contract Date: 2024-07-26
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 041460019000
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Boat,Gravel,Private,RV Hook-Ups,RV Potential,RV Access/Parking
Homeowners Association
- Association Amenities: Trash,Water
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood:
- Postal Code Plus 4: 6656
- Directions: Near the Nelson Bar boat ramp. On Pentz Rd, north of Sunview Drive but south of Sierra Del Sol.
- Source Property Type: Residential Income
- Property SubType: Mixed Use
Building and Construction
- Property Age: 1
- Common Walls: No Common Walls
- Structure Type: Mixed Use
- Year Built Source: Other
- Entry Level: 1
- Entry Location: 1
Statistics Bottom Ads 2
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BuyOwner last updated this listing 11/21/2024 @ 17:57
- MLS: SN24158673
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 900 sqft, 239,580 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Paradise , in zip code 95969, this Butte County Home are nearby neighborhoods.