Lakefront & Lakeland MH & RV Parks

Price: $3,784,000
Cap Rate: 7.000

Units: 105

Clearlake, CA

Lakeland & Lakefront Mobile Home & RV Parks are ideally located on the shores of the beautiful Clear Lake (the largest natural freshwater lake in California and possibly the oldest in
North America). The parks are contiguous and have been operated as one single property for over five years. The majority of sites contain single and double wide mobile homes with about 30% of the park servicing RV’s and travel trailers. The parks contain a total of 105 home sites (65 mobile homes & 38 RV) with an additional 2 single family homes (each 3 bed & 2 baths). Tenants enjoy private access to boat ramps, docks, and the lake’s year round
activities.