4241 Us-101 Crescent City, CA 95531
- Mobile home & RV parks
- 21.07 lot acres
Current Use by Public Records
- Isalis / Jewelry Store / Gift Shop
- Party City / Candy Store / Costume Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 4241 Us-101
- Year built
- 1965
- Lot size
- 21.07 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
Prime coastal California RV park investment opportunity. This established 82-unit Crescent City KOA boasts a diverse mix of accommodations, including tent sites, cabins, and full-hookup RV spaces. The property sits on 21.07 acres and includes 94 parking spaces. Built in 1965, the park features abundant amenities such as a game room, playground, recreation hall, gift shop, and laundry facilities. Its location in Del Norte County provides easy access to Redwood National Park and other attractions, catering to both weekend getaways and Pacific Coast Highway travelers. The property currently enjoys a 60% occupancy rate, generating a strong NOI of $327,956 and a 9.79% cap rate, with an asking price of $3,350,000. The park benefits from the established KOA brand recognition and a 4.5-star Tripadvisor rating, indicating high guest satisfaction. This fee-simple ownership presents a compelling investment opportunity in a thriving tourism market. Del Norte County's tourism contributed approximately $130.4 million to the local economy in 2021. The park's diverse unit mix includes 33 tent spots, 17 camping cabins, 4 deluxe cabins, 14 water & electric-only RV spaces, 21 full-hookup RV spaces, and 3 deluxe RV spaces.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Crescent City
- County
- Del Norte
- State
- California
- Longitude
- -124.143
- Latitude
- 41.8209
