Current Use by Public Records
- Mobile home & RV parks
Property Details for 1 11Th St
- Lot size
- 10.42 lot acres
- Property type
- Mobile home & RV parks
Description
This exceptional Lakeport, CA property presents a unique investment opportunity encompassing three distinct income-generating components on a sprawling 10.42-acre lot. The first section features a substantial restaurant building complete with ample parking. This established business offers immediate revenue potential and significant upside for expansion or repositioning. The second section is a thriving RV park and campground, providing numerous spaces for recreational vehicles and equipped with convenient restroom and shower facilities for guests. This component benefits from the high demand for outdoor recreation in the area. Finally, the property includes a well-maintained mobile home park with a significant number of full hookup spaces, generating consistent rental income. The entire property is located at 1 First Street, Lakeport, CA, and boasts a total building size of 4,500 square feet. This diverse portfolio offers a compelling combination of established businesses and rental income streams, making it an attractive investment for both seasoned and emerging investors seeking a high-return, multi-faceted property. The property's substantial size and prime location in Lakeport provide significant potential for future development and expansion. The current configuration offers immediate cash flow, while the expansive acreage allows for creative vision and strategic growth. This is a rare opportunity to acquire a turnkey operation with proven profitability and significant long-term potential. The asking price is $4,000,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakeport
- County
- Lake
- State
- California
- Longitude
- -122.913
- Latitude
- 39.042
