The Esterson MHC Team is pleased to present the opportunity to acquire Friendly RV Park, a 43-site park located in Weed, CA. The community is nestled at the base of Mt Shasta in the Cascade Mountains, halfway between San Francisco and Portland. Tucked away among the towering pines, the park is surrounded by natural beauty and has breathtaking views of Mt Shasta from just about every RV site. Friendly RV is also strategically located less than a mile off Interstate 5, which provides a nice mix of overnight campers and stable, extended guests.
The community is comprised of 45 total rental units – 43 RV sites, a 1BR apartment & a 2BR apartment – and maintains an average occupancy rate of 61.2%. Current RV rental rates average $495 per site/month in a market that can sustain considerably higher rents, based on a survey we conducted of comparable parks. Friendly RV is serviced by public sewer and water, both of which are paid for by the current landlord.
According to Google Reviews, Friendly RV Park is one of the highest rated parks in Northern California and is within walking distance of Starbucks, restaurants, and grocery stores. The City of Weed is a historic lumber town that has retained much of its early 1900’s charm, while transitioning into a tourist destination. An easy one-hour drive north of Redding on Interstate 5 brings you to our home where you may enjoy abundant lakes and rivers, beautiful forests, wildlife, scenic drives, local art, festivals, live music, and a Friendly community.
The Call For Offers date is set for May 13, 2022, at which point we ask that all investors submit their best and final offers.
The information contained within this website is proprietary and strictly confidential. It is intended to be reviewed only by the approved party receiving it and should not be made available to any other person or entity without the written consent of the broker involved. This information has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. We have not made any investigation, and make no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained within has been obtained from sources we believe to be reliable; however, we have not verified, and will not verify, any of the information contained herein, nor have we conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
NON-ENDORSEMENT NOTICE: Owners of this website and Marcus & Millichap REIS is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of the owners of this website & Marcus & Millichap REIS, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap REIS, and is solely included for the purpose of providing tenant lessee information.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT THE LISTED AGENT FOR MORE DETAILS.