25433 South AveCorning, CA 96021

Property Details for 25433 South Ave

Property type

Hospitality properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents the Woodson Bridge RV & MH Resort, a thriving 111-unit RV park nestled in Corning, California, at 25433 South Ave, 96021. Boasting a desirable location on the river, this property offers a picturesque setting for residents. The asking price is $3,100,000, representing a compelling price per unit of $27,927.93 and a strong 7.46% capitalization rate. The resort's substantial unit count ensures a consistent income stream. Situated in Tehama County, California, this established business benefits from its convenient location and attractive natural surroundings. The property's financial performance demonstrates its potential for continued growth and profitability. Detailed financial information is available upon request. This is an ideal acquisition for investors seeking a well-established, high-performing RV park in a desirable location. The property's riverfront setting provides a unique and attractive amenity for residents, enhancing its appeal and market value. This turnkey operation presents a rare opportunity to acquire a profitable and established business with significant upside potential. Contact us for further details and to schedule a showing.

Location Insight

City

Corning

County

Tehama

State

California

Latitude

39.9082

Longitude

-122.088

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