www.foyspa.com Southern California s Hot Springs Resort 1500 Spa Road, Niland, CA 92257 875 MH & RV Sites 350 Annuals with 231 MH Tenancies Ability to Add 96 Additional MH Sites Resort on 90 Acres and Expandable with a Total of 544 Acres Sales Price $12,000,000 Seller May Carry Financing For further information contact: John Grant / Park Brokerage Inc. 11510 Caminito Garcia, San Diego, CA 92131 (858) 586-9400 Fax: (858) 430-3401 Email: john.grant11510@gmail.com Taylor Grant Associate Broker (602) 491-9569 Email: taylor@parkbrokerage.com Information contained herein has been obtained from the owner of the property or from other sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it.
Price $12,000,000 Seller May Carry Financing Listing Brokers John Grant (858) 586-9400, Taylor Grant, (602) 491-9569 Address/City 1500 Spa Road, Niland, CA 92257 Historical Financials See attached Total Parcel Size 544 Acres County Imperial State California Age Started 1965 No. Spaces 875 Loan Buyer to obtain and Seller may carry financing Water Local Water District Sewer Sewer Treatment Ponds Capitalization Rate 6.7% Property Description and Rental Information Tremendous opportunity to buy one of the iconic, hot water resorts in the world from the original owners. Fed by artesian hot mineral springs, the Fountain of Youth Spa RV Resort has been a very successful winter resort since 1965. The resort contains 875 sites on 90 acres with 231 manufactured homes and a total of 350 annuals, 408 full hookup RV sites, and 117 RV sites without sewer. The resort offers the ability to add 96 additional manufactured home tenancies on 96 of the 408 full hookup RV sites. The resort is expandable and the existing permit is for 997 sites. The resort is well maintained and has an excellent management team with 47 employees including seasonal and workampers during the season and 14 year round employees. The extensive amenities include individual and large hot mineral spas, brand new state of the art fitness center, two swimming pools, steam rooms, walking course, dog park, salon, three rec halls, four restrooms and showers, two kitchens, seven vacation villas, pool hall, convenience store, café, craft and sewing room, RV storage, and many, many other amenities. Please see the resort s excellent web page at www.foyspa.com. Rental rates are Annual $2,560-$4,405, Four Months Season $2,320, Three Months Season $1,765, Monthly $655, Week $280, and Day $47 or $59. Excellent upside adding manufactured homes, adding MH & RV sites, adding solar over the RV storage area and reducing or eliminating the $307,000 annual electric bill and doubling storage rates with the shade, increasing very reasonable rental rates, and reducing high operating expenses. Buyer to obtain new financing through escrow and Seller may carry financing.
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Los Angeles Fountain of Youth Spa San Diego
Fountain of Youth Spa