Lakewood Park Kelseyville CA 95452
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Lakewood Park Kelseyville CA 95452
JUST REDUCED TO $1,250,000.00 Looking for a solid investment? This 3 parcel, 3.25 acre RV Park on Clear Lake is turn-key and has 24 rentals, 533 ft. of beach front, 3 piers and a commercial building. The commercial building consists of the restaurant, bar, three bed and breakfast rooms and an apartment that can be either one large apartment or two smaller apartments with fabulous lake views. There is also a garage which is used for storage and laundry. The park is being offered with at a 10% + CAP Rate. Price also includes $180,000 of accounts receivable which drops the effective price to $1,070,000 and increases the CAP Rate to over 10.5%. All tenants have leases. Zoned Commercial Resort. Rent roll, leases and other financials are available to qualified buyers. Appointment only. Contact Jim at Countryair Commercial 707-263-5729. Zoned Commercial Resort This property is located on Clear Lake, California’s largest natural lake with great bass fishing. Clear Lake is said to have been formed more than 2 million years ago. Mt. Konocti formed gradually thousands of years ago after many volcanic eruptions and can be seen from anywhere on the lake. Pomo Indians settled the area over 10,000 years before Spanish soldiers arrived in 1821. By the mid 1800s, the area was being settle by pioneers and Europeans. Lake County was formed on May 20, 1861 after being part of Mendocino, Colusa and Napa counties and covers an area of 1,327 square miles. The Geysers are located in the county and is the largest geothermal field complex in the world. Lake County is home to great bass fishing, Tule Elk, more than 150 bird species, the Clear Lake Hitch (found only in Clear Lake), many native trees and clean air. Snow Mountain is the highest peak in Lake County at 7,056 feet in the wilderness area of the Mendocino Nation Forest. Lake County is centrally located. 110 miles from San Francisco (approximately 2 hr) 110 miles from Sacramento (approximately 2 hr) 70 miles from the Pacific Coast (approximately 1.5 hr)