Corning, CA 96021,25433 25465 South AVE

$1,750,000

Est. payment /mo

$1,850,000

5.4%
Est.Price: ?

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25433 25465 South AVE Corning, CA 96021

8 Acres Lot

SOLD DATE : 12/03/2019

Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type Mobile Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN18076631

Sold Date 12/03/19

HOA Y/N No

Year Built 1953

Lot Size 8.000 Acres

Property Description

Fantastic Investment Property, with 13% cap rate! Woodson Bridge RV Park has 111 spaces with water and electric hook ups on 8 acres on the Sacramento River adjacent to a state park that has a convenient boat launch. The RV park includes an office/store with a huge deck overlooking the beautiful river and a private dock that can moor 8-10 boats. Additionally, there is a river front club house with a kitchen, pool table, many tables and chairs, an outdoor patio area, 2 BBQ’s, a fish cleaning station, and plenty of room to play games! There is a large shop, 2 bath houses, 2 wells, 2 lg propane tanks and 3 small propane tanks, and a 2 bed, 2 bath home on the river. There are 20-30 river front spaces, room for tent camping, a basketball court, and more. Low vacancy rate and Gross rent multiplier of 4.2. A Fisherman’s Heaven and an Investors Jackpot! (The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Sq. ft., bed/baths , & lot size taken from public records. Buyer is advised to investigate to their satisfaction.)

Location

State CA

County Tehama

Building/Complex Name Woodson Bridge RV Park

Interior

Fireplace No

Laundry Common Area

Exterior

Community Features Park

Utilities Available Electricity Connected, Propane

Building

Lot Description Near Park

Water Well

Architectural Style Mobile Home

Others

Tax ID 079220002000

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Mary McGowan Anderson • Coldwell Banker/DuFour
Bought with Non-Member Agent CHICO • Non-Member Office CHICO

Andrew Rhoda

Agent | License ID: 01879250

+1(310) 295-7596

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