7420 Rush Crk Rd Lewiston, CA 96052

Exceptional investment opportunity: the Flux River Resort, a thriving 52-unit mobile home park situated on 11.98 acres in Lewiston, California (zip code 96052). This property boasts approximately 256 yards of riverfront land and offers a diverse range of rental options, including 50 RV spaces, 40 tent sites, one glamping site, and two park-owned manufactured homes. The resort underwent significant renovations in 2023, including updated septic tanks (within the last 8 months), renovated bathrooms, a refreshed common area, and a remodeled manager's office. Road improvements have also been completed. The property operates entirely on electricity, utilizing PUD power, County Solid Waste for sewer and trash, and a new septic system for water. Financial highlights include a current NOI of $105,225 and a pro-forma NOI of $167,549, translating to a 7.65% cap rate and a pro-forma cap rate of 12.19%. The asking price is $1,375,000, representing a price per pad of $26,442.31. Attractive seller financing options are available: one offering 70% LTV at a 5.993% interest rate, and another with a 4.5% interest rate, interest-only for 10 years, requiring a $502,500 down payment. An assumable loan option of $500,000 at 8% interest with 8 years remaining (interest-only payments) and potential for extension is also available. This turnkey operation presents a compelling return on investment with significant upside potential.