MLS® ID: 18-3496
710 W Harvard Blvd
SANTA PAULA, California, 93060 $2,395,000
The Mountain View RV Park in Santa Paula offers a stabilized well-run time restricted RV park w/ upside in income potential. Spaces rented out on daily, weekly or monthly basis. YTD 2018 figures avg $21,640/mo income (after paying TOT tax). Set on 1.95 acres w/ beautiful mountain views offering 28 RV hookup spots w/ all utilities & cable TV provided. Also includes a manager's office and adjoining 1 BD manager's apartment, additional 1 BD rental apartment, 2 car garage currently used as tool shed plus spa and BBQ area for residents. Spaces always in demand from mix of visiting tourists, retirees and workers on short term job assignments. Opportunity to increase revenue by increasing existing rental rates & by adding 3 additional RV spots. 5.44% CAP on current rents, 7.15% pro forma.