Property summary
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.
Property profile
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Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning