Property profile

100 Marina Dr Needles, CA 92363

FOR SALE
Warehouses
Property ID
US10-0596765
6.96 ac lot Built 2022
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 33-acre Needles, CA resort presents a rare investment opportunity on the Colorado River. Boasting 239 total sites, the property includes 156 RV spaces with full hookups and individual electrical meters, and 76 mobile home spaces generating strong rental income. Two employee homes are included. Six air-conditioned camping cabins, complete with linens and TVs, provide comfortable guest accommodations. Recent upgrades include renovated bathrooms and showers, a new laundry facility with owner-owned appliances, and a sparkling new pool and spa. Further enhancing the resort's appeal are a new pickleball court, a shaved ice hut, and designated dog-friendly areas. A significant revenue stream is generated by 111 RV/boat storage units, constructed in 2023 and currently fully rented with a substantial waiting list. On-site amenities include a retail shop offering merchandise, fishing gear, a small grocery with beer and wine, a deli, and a clubhouse with a kitchen, perfect for hosting resort events. Private offices are also available. This meticulously maintained and well-designed resort is poised for continued success and offers significant potential for growth. The property's prime location and diverse revenue streams make it an exceptional investment opportunity. The asking price is $8,990,000.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2022
Lot 6.96 ac (303,000 SF)
APN 0660-301-09-0000
UPID US10-0596765

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

100 Marina Dr Needles, CA 92363
Needles metro Census 25100 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$660k

Owner & transaction history

since 2020
7 recorded transactions
2023
Price N/A
2022
Price N/A
2020
Price N/A
2020
$250,000
2020
$3.2M
2018
$3.2M
1995
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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