Bass Lake at Yosemite RV Resort

Property Description:

Bass Lake RV Resort is brand new to the market and exclusively listed by Park Brokerage Inc The property has one of the most desirable and irreplaceable outdoor hospitality locations in California, adjacent to the very popular Bass Lake surrounded by pine trees at 3500 feet of elevation At 3500 feet Bass Lake RV Resort is above the heat of California’s Central Valley and low enough to enjoy four seasons without the heavy snowfall found in the higher mountains The property is also the nearest RV resort to the southern entrance of Yosemite National Park with major barriers to entry and new development in the area Yosemite has 3 5 million visitors each year with approximately 75 from the US and 25 international Bass Lake has an abundance of outdoor recreation to offer including hiking trails, wineries, rodeos, and fishing tournaments to go along with the plentiful options for food/dining.

The property features numerous amenities including 2 new dog parks, new Wi-Fi system providing 25 Megs guaranteed per customer device, remodeled restrooms, office/store and common areas, laundry facility, hiking trails from the property, new horseshoe pits The park was sold to a professional owner operator 5 years ago, who has spent over 1 million in renovations since the acquisition The owner is absentee, based in Texas and visits the park once per year The park runs itself with existing staff willing to stay in place and there has been no staff turnover in the previous 5 years of ownership There is additional opportunity for a new owner to leverage off Yosemite and Bass Lake marketing/advertising that is not currently being explored by ownership The property does currently have a strong online presence with a 4 6 Facebook rating, 4 2 Google rating and a Good Sam 9.5/8/9 rating.

Bass Lake RV Resort features 170 full hook-up RV sites with 50 amp electric service The property operates on a local water and sewer district utility See attached RV and cabin rental rates on next pages of marketing flyer The property is transitioning from a membership park to a public RV Resort Bass Lake RV Resort is no longer accepting new membership applications and currently has just under 1,000 active memberships The park currently has a waiting list for memberships willing to pay annually if new owner decides to start accepting new member applications Memberships range from 160-500 in annual dues There is rental growth rate potential as members pays $22.50/nightly while the public pays $89.50 /nightly A slight increase in public occupancy will dramatically increase revenues Public RVer’s can only book 60 days in advance while members can book a year out thus the owner believes that converting to a 100% public park will increase summer vacation and occupancy traffic The park is primed for other value add components such as bringing in glamping options, extended stay occupancy during the off-season, and exploring solar to help mitigate the electric expenses.