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29711880
29711895

421 E First St, Dorris, CA 96023

RR
CA 01342084
$1,050,000
113 days on market
Updated 24 days ago

Butte Valley RV Park & Storage

Details
APN 051-421-010, 051-421-030, 051-421-040, 002-430-070, 002-430-080
Property Type Multifamily, Self Storage (+1)
Sub Type RV Park
Units 30
Cap Rate 7.00%
Occupancy 50%
Tenancy Multi
Pro-Forma Cap Rate 10%
Pro-Forma NOI $105,000
Price Per Acre $61,765
Class B
Year Built 2005
Buildings 5
Stories 1
Acreage 17.120
Zoning General Commercial
Investment Type Value Add
Occupancy Date 02/28/2026
Ceiling Height 9 ft
Ownership Fee Simple
Sale Condition For sale by owner

Butte Valley RV Park & Storage -Expand Up To 130 Sites

Marketing description

RV Park & Storage For Sale –California/Oregon Border

VALUE-ADD -$600,000 to $,3,600,000

Operate & Rebuild/Expand in Stages OR Expand Up To 130 Sites All At Once.

17 Acres Total / 9.5 on CA Hwy 97

Main Eastern CA/OR,WA,ID Highway

26 Full Hook Up Sites -Currently Uses Only 1.7 of the 9.5 Acres

30/20 Amp Pedestals, Water, & Sewer

City Water W/ 6” Main

City Sewer

3/2 -1,581 Sqft Fleetwood Mobile Home on Permanent Foundation

Large Bath House W/Laundry, and Work Shop

24x50 Metal Building

Cabin/Camp Store

Barn

Private well W/ Block Well House

Equipment Included, Backhoe, Riding Mower, Etc.

Lots of Recent Repairs and Upgrades

Current Rates: Monthly $500, Weekly $250, Daily $50

Close To/On The Way To 4 National Parks & Recreation Areas

Close To/On The Way To 4 State Parks & Recreation Areas

Close To/On The Way To 6 Major Tourist Attractions & Recreation Areas

Value-add Opportunities: $600,000 - $3,600,000 (Modeled on 7% Cap Rate)

1) Add $3,600,000 -Expand to Approx 130 Sites (50% LT Occupancy)

2) Add $600,000+ -Rebuild/Repair 30 Sites Using Existing Infrastructure (70% LT Occupancy) and Add Additional Revenue Streams. IE: Boat & RV Storage, Commercial Truck & Equipment Storage, Lay Down Yard, Container Storage, Covered Storage, Mini Storage, Mobile Home Park, Glampground, Hobby farm, Petting Zoo, Etc

3) Add $100,000 -Easy Day 1 Operational Value-Adds: There Is NO Marketing, NO Website, NO Social Media Presence, NO Booking Software, NO Management Software, NO Payment Software, Billboard Is Old & Not Correct, NO “Up Ahead” Highway Signage, Etc.

Cash Price: $1,050,000

541-591-1693 For More info

Email: Info@BVRVP.com for Listing Package

Showings By Appointment ONLY

Serious Inquiries ONLY

Will Contract with Principles/End Buyers ONLY

Will work with Wholesalers ONLY If Disclosed UP FRONT.

Buyers Agents Welcome –No Commissions Offered, Buyer Pays Commissions

*Information Deemed To Be Reliable But Not Guaranteed*

Investment highlights

Listing Contacts

RR
CA 01342084

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Additional Information

Name
Robert Razo
License
01342084
Brokerage
Razo Realty
Brokerage Phone
541-591-1693
Title
Broker of Record
Name
Robert Razo
License
01342084
Brokerage
Razo Realty
Brokerage Phone
800-550-1406
Title
Broker
Brokerage Address
440 Holmwood Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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