35940 State Highway 96, Klamath River, CA 96050

Building Details

Building Size 1,514 SF More

Buildings 3 More

Listing Agency: Pacific One Real Estate

Listed By: Christopher Beard Show Phone

Source: Elliman

Added: Sep 20 Changed: Nov 2 Last Checked: Nov 10 at 9:16AM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific One Real Estate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Rainbow Resort is a hospitality property with three cabins at 35940 State Highway 96 in Klamath River, California. The accommodations are positioned in a natural setting associated with mountains, rivers, trails, and outdoor recreation.

The property is located in Northern California and offers access by State Highway 96. Walk Score is 0, indicating a car-dependent setting, while Bike Score is 4, classified as somewhat bikeable.

Key Highlights

• Three cabins included in the resort property
• Located at 35940 State Highway 96, Klamath River, CA 96050
• Mountain and river setting in Northern California

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$8,144

Cap Rate

3.26%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$162,880 $162.9K

Cap Rate 7%

$116,343 $116.3K

Cap Rate 9%

$90,489 $90.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,514 SF

Gross rent

$22.7K $15.00/SF

− Vacancy

−$5.6K −$3.68/SF

EGI

$17.1K $11.33/SF

− OpEx

−$9.0K −$5.95/SF

NOI

$8.1K $5.38/SF

Area

Siskiyou County, CA

Vacancy

24.50%

Lease Rate

$15.00 /SF/Yr

Expense Ratio

52.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$162,880

Cap Rate 7%

$116,343

Cap Rate 9%

$90,489

Alternative Uses

Best Use

Hotel Hospitality

$116.3K

$101.8K – $135.7K (±1% cap)

NOI $8,144 @ 7.0% cap · market cap 3.26%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$445.4K

$389.7K – $519.6K (±1% cap)

NOI $31,176 @ 7.0% cap · market cap 12.47%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Resorts

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

Demographics for 96050, CA

476

Population

258

Households

1.8

Avg Household Size

54

Median Age

20%

College-Educated

93%

High-School Grad

258.7 sq mi

ZIP Area

2

Density / Sq Mi

$36,450

Median Household Income

$30,000

Median Earnings

$595

Median Rent

$237,500

Median Home Value

Frequently Asked Questions

What type of property is this?

Resort - Resort property with three cabins in a mountain and river setting.

Where is this resort located?

The property is located at 35940 State Highway 96 Klamath River, CA.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Three cabins included in the resort property; Located at 35940 State Highway 96, Klamath River, CA 96050; Mountain and river setting in Northern California