Gold Country Campground Resort
-
Price: $4,250,000
-
Site Count: 130
-
Address: 13026 Tabeaud Rd Pine Grove, CA 95665
Property Description:
- 130 total units. Attractive price per unit entry point in a high-barrier-to-entry market
- Prime Sierra Nevada location, population of approximately 15 million within a 2-3 hour drive radius
- Mix of extended stay and transient revenue. Current rates are well below market comparisons
- Potential to convert tent sites to full hook-up RV sites
- Many recent capital improvements, including multiple new power drops installed by PG&E to supply power for additional sites and tent site conversion
- Highly amenitized property including 2 large clubhouses with bathrooms and kitchens. One could be converted to multi-bedroom lodge increasing revenue
- RV Sites excluded from TOT tax per county
- Over 27 acres of undeveloped land are included in the purchase price, offering a blank canvas to explore future value-add opportunities