Redwoods River Resort FOR SALE


Leggett, CA
$4,900,000 USD
503-390-6060
, Leggett, CA for Sale
$4,900,000 USD
FOR SALE
1/1
null | 8.87% Cap Rate

Redwoods River Resort
Leggett, CA


OVERVIEW

8.87 day 1 cap rate. Recent six figure upgrades to water, sewer, power and large outdoor courtyard. Irreplaceable location. Nestled among towering redwoods (some 1000+ years old on the property), which attract visitors from around the world A variety of lodging options, including cabins, RV sites, and tent camping, catering to different guest preferences. Features a pub, seasonal pool, large playground, and game room, providing entertainment and relaxation options for all ages. Ideal for weddings and corporate events. A welcoming destination for families, with numerous activities both within the park and within the immediate region. Ability to increase occupancy with increased advertising. Same owner for 27 years. Numerous loyal return customers. Significant zoning/permitting progress made towards approval to bring full hookups to current tent sites. Plans available. Year built is undetermined - buyer to complete all due diligence related to property including year built.

ASK ABOUT THIS PROPERTY

Ashley OffensendSMI Real EstateMore Info
503-390-6060

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Ashley OffensendSMI Real EstateMore Info
503-390-6060

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