Current Use by Public Records
- Dan Labelle Electric / Electrical Service / General Contractor
- Drift Inn RV Resort / Campground & RV Park
Property Details for 2730 Lakeshore Blvd
- Lot size
- 4.25 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use investment opportunity encompasses two strategically located properties in Lake County, California, offering a compelling blend of income generation and growth potential. The portfolio comprises 71 units, including 49 RV pads, 22 additional pads, one apartment, and one bungalow, situated on a combined 4.25 acres of land. Built in 1977 and 1961, these properties boast a combined annual Net Operating Income (NOI) of $354,000, reflecting a strong 92% occupancy rate and a desirable 6.40% capitalization rate. The primary location, in Nice, CA, offers stunning views of Clear Lake and convenient lake access. The second property is located less than a mile away, enhancing operational efficiency and management. This portfolio presents a rare chance to acquire a well-established, high-performing mixed-use asset in a desirable California location, providing immediate cash flow and long-term appreciation prospects. The properties are strategically positioned to capitalize on the growing demand for recreational and residential opportunities in the Lake County area. Detailed financial statements and property information are available upon request. This is an exceptional opportunity for investors seeking a stable, high-yielding investment with significant upside potential.
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
- Upper Lake
- County
- Lake
- State
- California
- Longitude
- -122.862
- Latitude
- 39.1213
