Elk Country RV Resort & Campground216 Idlewood LnTrinidad, CA 95570

HAVING NO REASON TO BELIEVE OTHERWISE, PARK BROKERAGE Inc. DOES NOT GUARANTEE INFORMATION WITHIN IS ACCURATE

Andrew Dohogne, Associate

andrew@parkbrokerage.com

Cell: 602.400.7699

For more information, contact exclusive listing agent:

• $3,000,000 Sales Price

• 166 Sites: 113 RV Sites, 42 Tent Sites, 2 Trailer Rentals, 1 Cabin Rental

• All RV Sites are Full Hook-ups; 30 AMP & 50 AMP available

• Under $20k per Site

• 6.25% Cap Rate, 9.8% Total Year One Return

• Newly renovated bathrooms & showers

• Private Lake & Creek on Property

• Expansion Upside – Property is 193 acres. Potentially Glamping Property

• Conveniently located along the famous Redwood Highway – HWY 101

PROPERTY OVERVIEW:

John Sheedy, Vice President

jsheedy@parkbrokerage.com

Cell: 602.821.4666

For more information, contact: Andrew Dohogne| andrew@parkbrokerage.com | 602.400.7699

Elk Country RV Resort & Campground216 Idlewood LnTrinidad, CA 95570

For more information, contact: Andrew Dohogne| andrew@parkbrokerage.com | 602.400.7699

Elk Country RV Resort & Campground216 Idlewood LnTrinidad, CA 95570

Net Operating Income year 1: $187,083

Total Debt Service year 1: $131,448

Cash Flow: $55,635

Year 1 Principal Reduction: $32,405

Total Year 1 Return: $88,040

Broker projects new loan with 30% down payment (or $900,000) with 4.75% interest rate with payments based on a 30-year amortization. Monthly payments to be $10,954 monthly or annually $131,448 annually

Located in Trinidad, California, Elk Country RV Resort & Campground covers nearly 200 acres of Northern California’s pristinecoastal environment. Elk Country is conveniently positioned just off the famous Redwood Highway – HWY 101 between Orick and the seaport town of Eureka. The RV Park features two unique areas for camping: “The Forest” and “The Meadow”. The Forest is

lush with hundreds of mature Redwood trees and has a private lake and creek just up the pathway. There are 31 Dry Tent sites, 11Tent sites with electricity, 38 Full Hook-up Back In RV Sites, 6 RV Full Hook-up Pull-Thru Sites, 1 Trailer Rental and 1 Group Site w/ a Trailer Rental. All The Forest’s RV Sites are 30 AMP and are provided Wi-Fi. Next, “The Meadow” features 39 Full Hook-up Back InRV Sites, 11 Full Hook-up Pull-Thru RV Sites, 1 Park Model Cabin Rental. 8 of the RV Sites in the Meadow are 50 AMP and the restare 30 AMP. Tenants in The Meadow receive Wi-Fi, bathrooms, showers and a local Roosevelt Elk herd as neighbors. The rates for each part of the park are the same but vary between the summer and winter months. In the winter tent sites go for $32/day, RVSites range from $38-42/day, and 50 AMP RV Sites are $50/day. During the summer months tent sites rent for $37/day, RV Sites range from $42-48/day, and 50 AMP Sites are $53/day. The park does not accommodate long-term guests due to professional decisions by owners. The property features an authentic schoolhouse/museum and general store. The bathrooms and showers

have been recently renovated. The laundry room is rented out to CLR Laundry, who pays a monthly fee to operate the space. There is ancillary income from billboards as well. Nearby, there are tons of local attractions. Just across the Redwood Highway is Pacific Ocean and Stone Lagoon, which is great for kayaking adventures. The tenants can enjoy any outdoor activity ranging from hiking, swimming, fishing, canoeing and horseback riding all within 5-minute drive from the RV Resort. Just up the road is the Redwood

National Park and the Klamath River which has some of the best steelhead and salmon fishing in the world. This massive oceansideproperty has major upside and is turn-key for the next owner to operate!

PLEASE DO NOT DISTURB TENANTS OR MANAGEMENT IF VISITING PARK. THEY ARE NOT AWARE PARK IS FOR SALE. PLEASE KEEP THIS LISTING CONFIDENTIAL.

166 Space RV Resort & Campground

PROPERTY INFORMATION:

LOAN INFORMATION: DEBT SERVICE:

For more information, contact: Andrew Dohogne | andrew@parkbrokerage.com | 602.400.7699

Age

Built in 1954

Total Parcel Size

Approximately 193 Acres

No. Spaces

166 Total Sites

Water/Sewer

Private Well / Private Septic w/ Leech Field

Electric/Gas

All Sites are Full Hook Up

Capitalization Rate 6.24%

Total Year 1 Return on Investment 9.8%

Net Operating Income$187,083.29

Cash on Cash Return: 6.2%

LoanBank Financing Available

Elk Country RV Resort & Campground216 Idlewood LnTrinidad, CA 95570

For more information, contact: Andrew Dohogne| andrew@parkbrokerage.com | 602.400.7699

Profit & Loss Statements

Elk Country RV Resort & Campground216 Idlewood LnTrinidad, CA 95570

Site Map

For more information, contact: Andrew Dohogne| andrew@parkbrokerage.com | 602.400.7699

Elk Country RV Resort & Campground216 Idlewood LnTrinidad, CA 95570