25433 25465 South Ave, Corning, CA 96021

Property Description

Fantastic Investment Property, with 13% cap rate! Woodson Bridge RV Park has 111 spaces with water and electric hook ups on 8 acres on the Sacramento River adjacent to a state park that has a convenient boat launch. The RV park includes an office/store with a huge deck overlooking the beautiful river and a private dock that can moor 8-10 boats. Additionally, there is a river front club house with a kitchen, pool table, many tables and chairs, an outdoor patio area, 2 BBQ’s, a fish cleaning station, and plenty of room to play games! There is a large shop, 2 bath houses, 2 wells, 2 lg propane tanks and 3 small propane tanks, and a 2 bed, 2 bath home on the river. There are 20-30 river front spaces, room for tent camping, a basketball court, and more. Low vacancy rate and Gross rent multiplier of 4.2. A Fisherman’s Heaven and an Investors Jackpot! (The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Sq. ft., bed/baths , & lot size taken from public records. Buyer is advised to investigate to their satisfaction.)