6598 Riverland Dr - Residential Income FOR SALE


Redding, CA 96002
$3,400,000 USD
530-515-4484
6598 Riverland Dr, Redding, CA for Sale
$3,400,000 USD
Residential Income - FOR SALE
1/58
null | Request Cap Rate

6598 Riverland Dr
Redding, CA 96002


OVERVIEW

Hughes Landing & Retreat. This is a rare opportunity to own 6.79 acres, with 484' of frontage on the Sacramento River including your own private Commercial Concrete Boat Ramp. The Sacramento River is widely considered to be one of the best fisheries in the West for trout and Salmon attracting anglers from all over the world. Hughes landing & Retreat is becoming well known with local and out of area fly fishermen. The Fly Shop (the world's largest fly shop) refers their clients to Hughes Landing and Retreat for accommodations. The property is tranquil and picturesque with expansive lawn areas bordering the Sacramento River Bank. The property includes 3 beautiful homes with attached garages. Each home is fully furnished and built within the last 3 years. There is a commercial solar system as well, which substantially reduces energy costs. The 6.79 acres includes 2 contiguous parcels; parcel 1 is 4.27 acres and parcel 2 is 2.52 acres. The 3 homes and commercial boat ramp are located entirely on parcel 1. Parcel 1 improvements include: Home # 1 has 1271 S/F with attached 1179 S/F garage, Home # 2 is 880 S/F with attached 437 S/F garage and Home # 3 is 880 S/F with attached 437 S/F garage. There are 7 RV hookups (4 with full hookups and 3 with power and water hookups. Parcel 2 is vacant and the seller has an approved set of plans for a 3680 S/F lodge building that can be constructed on the property. An additional dwelling up to 1,800 sq. ft. may also be built on parcel 2. The property is located near Shopping, Hospitals, Redding Municipal Airport, and other Redding area services. This property would make an excellent family compound, corporate retreat or Airbnb. There is plenty of room for parking RVs, boats and trailers as well.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$669 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hughes Landing & Retreat - 6.79 acres

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.02 AC

LAND SF

175,070 SF

ZONING

-

APN/PARCEL ID

055-380-049-000

ASK ABOUT THIS PROPERTY

Greg SnowMeridian Pointe Realty, IncMore Info
530-515-4484

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Greg SnowMeridian Pointe Realty, IncMore Info
530-515-4484

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.