Quigleys General Store Rv Park — Sale in Klamath River, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Klamath River, CA 96050

Investment Figures

Cap rate
6.98%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Quigley's General Store and Trailer Park is a 27-space park. It is currently licensed for 20 RV's and 1 MH. The park currently consists of 22 RV spaces, 3 bunkhouses, 2 cottages, and Quigley's General Store. The park has a laundry room and bathrooms onsite. The cottages are 2 bed 1 baths. The park is on well and septic. There is a 2.4 acre parcel on the Klamath River that has all of the living spaces and store on it. There is a .42 acre parcel across the street that has the well. The RV hook ups on the riverside have 30 amp and along the roadside have 50 amp electrical service. The riverside RV spaces charge $59/night and roadside spaces charge $49/night. Electric is billed separately for the RV spaces. The current owner has installed a $200,000 battery backup system for the store. The store is fully functional when the power goes out. There is currently no rent control in Klamath River. Klamath River is in Siskiyou County, California, situated on the Klamath River. The community of Klamath River is about 11 miles long and includes both sides of the river from Gottville to Kohl Creek. The California Gold Rush of 1848–1855 brought many miners to the Klamath River watershed. The miners caused disruption in the lives of the Native Americans of the area by damming and diverting water for mining purposes, which made it difficult for spawning salmon and other fish populations to survive. There are remnants of old mining sites along the river. Klamath River hosts the largest deer herd in California, and the largest concentrations of ducks and geese on the North American continent. There are also many black bear, elk, bobcat, mountain lion, raccoon, quail, grouse, pheasant, squirrel, kit fox, river otter, beaver, badger, porcupine, weasel, skunks, coyotes, a variety of toads and frogs, blue herons, bald and American eagles, along with over 200 species of birds. Historically, the Klamath River was the third largest salmon water-shed on the west coast. Investment Highlights:

Market Context

This multifamily in Klamath River, CA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Klamath River, CA — view the full market.

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