Sierra Foothills Campground & Boating Resort
File# 05-0701
$825,000
Cash, New Loan

This beautiful campground and boating resort sits on a lake and includes; boat rentals, marina, and seasonal boat slip rentals. The location of this resort is a popular fishing, boating, hiking and recreation area in Northern California. This property includes three new cabins, which were added in 2005. The addition of these cabins and a rate increase in 2005-06 are evidenced in the cash flow report. There are 70 sites, which include the 3 new cabins. There are wooded sites, as well as lake front sites. Campers enjoy the day beach picnic area where there is potential property growth. New in 2006, the owners' home, is a 4 bedroom, 2 bath modular.

The local attractions, in addition to the scenic lake area, include, but not limited to, shopping, mine tours, museums, Bluegrass Festivals and wonderful restaurant and tourists events. A great growth opportunity exists for this beautiful California property. The year the three cabins were added and occupied for a total of 174 nights the gross revenue generated was $9,431. This represents a return the first (partial) year of over 37%. This could be a tremendous growth area for the campground. In May a new campground convenience store was added. This should also provide a great source of new and increased revenue.

Contact us TODAY at 888-228-1333 or info@rockyproperties.com for more information!