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Mobile Home Park

Friendly RV Park

1800 Black Butte Dr, Weed, CA 96094

Listing Price: Request For Offer

Number of Spaces
47
Lot Size
2.97 acres
Occupancy
100.0%
Spaces/Acre
15.82
Year Built
1980

Investment Overview

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 & 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.

Investment Highlights

  • Public Utilities
  • No Rent Control
  • Upside in Rents

Exclusively Listed By

Broker of Record

  • Daniel A. Kapic

    Vice President/Regional Manager

    (916) 724-1400

    License(s) CA: 01437375

    California

Mobile Home Park

Friendly RV Park

Listing Price: Request For Offer

Number of Spaces
47
Lot Size
2.97 acres
Occupancy
100.0%
Spaces/Acre
15.82
Year Built
1980

Investment Highlights

  • Public Utilities
  • No Rent Control
  • Upside in Rents

Investment Overview

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 & 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.

Exclusively Listed By

Broker of Record

  • Daniel A. Kapic

    Vice President/Regional Manager

    (916) 724-1400

    License(s): CA: 01437375

    California

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