echo lodge mh & rv e mh & rv resortresort › attachments › 0... · echo lodge river...

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CA DESTINATION RIVERFRONT RESORT FOR SALE Over ½ Mile of Riverfront Real Estate Echo Lodge MH & RV Echo Lodge MH & RV Resort Resort 451 Parker 451 Parker Dam Road Dam Road - Parker Dam, CA 92267 Parker Dam, CA 92267 (Parker Strip (Parker Strip – South of South of Lake Havasu Lake Havasu) $16,000,000 Riverfront Resort 8.9% Cap Rate 320 S (205 MH 115 RV S ) 320 Spaces (205 MH + 115 RV Spaces) Over ½ Mile of Riverfront on the Parker Strip Favorable Long Term BLM Lease (4% Gross) Stable Long Term MH & Year Round Occupancy 2 Docks, Boat Launch, Beach, Clubhouse, Pool Vince Reynolds (858) 456-5111 Norman Sangalang (858) 456-5110 Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. (858) 456 5111 [email protected] (858) 456 5110 [email protected] www.mhrvadvisors.com 5694 Mission Center Road, #400 – San Diego, CA 92108 Fax Number (858) 777-5380 http://www.mhrvadvisors.com

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Page 1: Echo Lodge MH & RV e MH & RV ResortResort › attachments › 0... · Echo Lodge River Resort Excellent Riverfront RV Section Ri f t MH SRiverfront MH Spaces Information contained

CA DESTINATION RIVERFRONT RESORT FOR SALE

Over ½ Mile of Riverfront Real Estate

Echo Lodge MH & RV Echo Lodge MH & RV ResortResort451 Parker 451 Parker Dam Road Dam Road -- Parker Dam, CA 92267 Parker Dam, CA 92267

(Parker Strip (Parker Strip –– South of South of Lake HavasuLake Havasu))

• $16,000,000 Riverfront Resort 8.9% Cap Rate320 S (205 MH 115 RV S )

gg

• 320 Spaces (205 MH + 115 RV Spaces)• Over ½ Mile of Riverfront on the Parker Strip• Favorable Long Term BLM Lease (4% Gross)• Stable Long Term MH & Year Round Occupancyg p y• 2 Docks, Boat Launch, Beach, Clubhouse, Pool

Vince Reynolds(858) 456-5111

Norman Sangalang(858) 456-5110

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

(858) 456 [email protected]

(858) 456 [email protected]

www.mhrvadvisors.com5694 Mission Center Road, #400 – San Diego, CA 92108

Fax Number (858) 777-5380

http://www.mhrvadvisors.com

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Park Photos Location – Location – Location

Echo Lodge River Resort

Ri f t MH SExcellent Riverfront RV Section Riverfront MH Spaces

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

RV Section MH Spaces

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Echo Lodge River Resort

Park Photos Incredible Riverfront Views

Riverfront RV SectionRiverfront MH Spaces

RV SectionMH Section

Clubhouse and Pool Park Spaces

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

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Park Photos Incredible Riverfront Views

Echo Lodge River Resort

RV & Boat Storage Area Dry Storage Area

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

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Investment Summary

Destination Riverfront Resort For Sale

Rare Investment Opportunity

Echo Lodge River Resort

Price

Down Payment

Proposed New Loan Amount

City and State

Park Address

Number of Spaces

County Price Per SpaceAge:

451 Parker Dam Road (Parker Strip Between CA & AZ)

Parker Dam, CA 320 Sp. (205 MH+115RV)

$

$16,000,000

$8,000,000 (50%)

Zip Code

92267

Parcel Size:

Rent Control & Terms:

Over ½ Mile of Riverfront (2,900’) Expenses

Park Utility SummaryProperty Description & Location Information

San Bernardino County $50,000Approximately 47 Acres

No Rent Control

$8,000,000 (50%)

$622,776 (31%)

MHRV ADVISORS: This is an incredible opportunity to acquire a riverfront

Blt. in 1967

Service Type

Utility Information

mobile home and RV park on the famous Parker Strip. The park consistof 205 MH spaces and 115 RV spaces. Amenities include a clubhouseand pool for winter and summer visitors, docks & boat launch, beachareas as well as a stocked store, gas dock on the river, bar and grill andwading pools. The park produces additional income from several acres ofsecured RV and boat storage and 5 enclosed storage units. MH spacesrent from $440 to $579. Electric is sub-metered to all MH residents, allother utilities are included in the rent. The winter RV rents are $395

th l t i $195 kl d $35 d il S i f t RV t

Service Type

Electric Submetered

Water Included in Rent

Trash Included in Rent

Septic Included in Rent

Net Operating Income (NOI)

Loan Assumptions:

All Cash orCash to new Loan

$1,413,392 (2010 Year End)

month+ electric, $195 weekly and $35 daily. Summer riverfront RV ratesare $59 daily (no weekly or monthly rates), off River sites are slightly less.

The park is on a favorable 28 year BLM ground lease that was renewedJan 1 1994 and will renew again on Dec 31, 2022, there are 12 yearsremaining. The lease renews in perpetuity. Lease payments are 4% maxof the total gross income (3.2% average) based upon tiered benchmarks.A copy of the lease will be provided upon request.

Cap Rate

Cash on Cash

$1,413,392 (2010 Year End)

8.9%

9.9%

The 17 mile Parker Strip on the river (park is 3% of the strip) offers a yearround attraction with winter snowbirds seeking 75 degree winters and lotsof sunshine. Once it starts getting too warm and they begin headinghome. Water sports enthusiast from Southern California, Arizona andNevada head to Parker for the summer to take advantage of the bestwaterskiing, wakeboarding and boating on the Colorado River.

<< DO NOT CONTACT MANAGER OR DISTURB TENANTS >>

With 8% interest only

The information contained herein has either been given to us by the owner or the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent

upon these estimates and assumptions made above as well as the investment income the tax bracket and other factors which your tax advisor and/or legal counsel should evaluate

DO NOT CONTACT MANAGER OR DISTURB TENANTS Please contact listing brokers before any visit to the site

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

upon these estimates and assumptions made above, as well as the investment income, the tax bracket and other factors which your tax advisor and/or legal counsel should evaluate. THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, EXPENSE, AND ALL OTHER INFORMATION CONTAINED HEREIN.

http://www.mhrvadvisors.com

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Park Income High Cash Flow Opportunity

Echo Lodge River Resort

GROSS INCOME 2009 March 2010 Annualized

W/ July 2010 Increase

Space Rent - Mobile Homes 1,058,346$ 1,138,293$ 1,197,993$ AElectric 39,617$ 39,617$ 39,617$ Storage 84,776$ 84,776$ 84,776$ Finance/Late Charges 20 029$ 20 029$ 20 029$Finance/Late Charges 20,029$ 20,029$ 20,029$

RV & Camping 478,139$ 478,139$ 490,000$ BStore - Food 39,000$ 39,000$ 39,000$ Store - Non Food 103,931$ 103,931$ 103,931$ Store - Beer/Wine 23,095$ 23,095$ 23,095$ Store - Gasoline 37,992$ 37,992$ 37,992$ Club Paradise Sales - Food 64,417$ 64,417$ 64,417$ Club Paradise Sales - Bar 105,255$ 105,255$ 105,255$ Cl b P di S l Mi 56$ 56$ 56$Club Paradise Sales - Misc 56$ 56$ 56$ Rental Trailers 98,676$ 98,676$ 98,676$ Washer & Dryer Income 3,202$ 3,202$ 3,202$ Vending & Commission 1,769$ 1,769$ 1,769$ Games & Vending - Club Paradise 3,807$ 3,807$ 3,807$ Extra Car Parking 17,844$ 17,844$ 17,844$

TOTAL INCOME 2,179,951$ 2,259,898$ 2,331,459$

COGS - Beer/Wine 25,683$ 25,683$ 25,683$ COGS - NON TAX - Store 24,017$ 24,017$ 24,017$ COGS - TAXABLE - Store 52,673$ 52,673$ 52,673$ COGS - Gasoline 24,856$ 24,856$ 24,856$ COGS - Club P - Food 37,469$ 37,469$ 37,469$ COGS - Club P - Bar 29,619$ 29,619$ 29,619$ COGS - Club P - Misc 151$ 151$ 151$ Wages Store - Echo Lodge 44,479$ 44,479$ 44,479$ Wages Restaurant - Clup P 56,344$ 56,344$ 56,344$

TOTAL COST OF GOODS SOLD 295,291$ 295,291$ 295,291$

GROSS INCOME 1,884,660$ 1,964,607$ 2,036,168$

A $25 Increase effective July 1, 2010B Electric sub-metered to MH residents

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

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Park Expense Low Expense Ratio Operations

EXPENSES 2009 2009 2010Casual Labor 1,330$ 1,330$ 1,330$ Cable 10,178$ 10,178$ 10,178$

Echo Lodge River Resort

, , ,Accounting 10,970$ 10,970$ 10,970$ Advertising 72$ 72$ 72$ Auto & Truck 16,212$ 16,212$ 16,212$ Bank Charges 454$ 454$ 454$

Credit Card - Merchant Charge 17,004$ 17,004$ 17,004$ Credit Card - Merchant Charge - Clup P 1,682$ 1,682$ 1,682$ Computer Supplies 503$ 503$ 503$ Equipment Rental 579$ 579$ 579$ q pInsurance - Liability 27,179$ 27,179$ 27,179$ Insurance - Workers Comp 25,814$ 25,814$ 25,814$ Insurance - Workers Comp - Club P 4,340$ 4,340$ 4,340$ Insurance - Health - Echo Lodge 6,713$ 6,713$ 6,713$ Lease - BLM 67,059$ 67,059$ 76,258$ Legal 23,485$ 23,485$ 23,485$ Licences & Permits 7,093$ 7,093$ 7,093$ Licences & Permits - Store 1,217$ 1,217$ 1,217$ Licences & Permits - Club Paradise 1,087$ 1,087$ 1,087$ Office Supplies & Postage 1,668$ 1,668$ 1,668$ Outside Services 4,336$ 4,336$ 4,336$

Outside Services - Store 100$ 100$ 100$ Pest Control 1,365$ 1,365$ 1,365$ Pool Supplies 1,042$ 1,042$ 1,042$ Merit Award Expense 3,050$ 3,050$ 3,050$ Repairs & Maint - Wages 91,271$ 91,271$ 91,271$ p gRepairs & Maint - Materials 43,891$ 43,891$ 43,891$ Repairs & Maint - Materials Club P 5,422$ 5,422$ 5,422$ Repairs & Maint - Equipment 8,186$ 8,186$ 8,186$ Repairs & Maint - Equipment Club P 442$ 442$ 442$ Repairs & Maint - Grounds 580$ 580$ 580$ Security - Store 175$ 175$ 175$ Septic/Grease Pumping 4,400$ 4,400$ 4,400$ Supplies 2,430$ 2,430$ 2,430$ ppSupplies - RV & Camping 825$ 825$ 825$ Supplies - Club Paradise 1,108$ 1,108$ 1,108$ Taxes - Corp State 3,823$ 3,823$ 3,823$ Taxes - Payroll - Echo Lodge Inc 17,695$ 17,695$ 17,695$ Taxes - Payroll - Club Paradise 5,356$ 5,356$ 5,356$ Taxes - Property 26,029$ 26,029$ 26,029$ Taxes - Other 19,549$ 19,549$ 19,549$ Telephone - Store 2,637$ 2,637$ 2,637$ pTelephone - Club Paradise 884$ 884$ 884$ Utilities - ELEC - RV & Camping 121,680$ 121,680$ 121,680$ Utilities - Propane 2,857$ 2,857$ 2,857$ Utilities - Propane - Club Paradise 138$ 138$ 138$ Utilities - Trash 18,587$ 18,587$ 18,587$ Water Analysis 1,080$ 1,080$ 1,080$

TOTAL EXPENSE $613,577 $613,577 $622,776

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

Expense Ratio 33% 31% 31%NET OPERATING INCOME 1,271,083$ 1,351,030$ 1,413,392$

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Park Site Map On the world famous Parker Strip

Echo Lodge River Resort

1 2

www.echolodgeresort.com

5 1

3

4

4

5

2

3

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

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Rent Comparables No Rent Control

Echo Lodge River Resort

Camping Rates Daily River Front Off River 2nd Vehicle1 Night $59.00 $54.00 $20.00 2 Nights $118.00 $108.00 $40.00 3 Nights $177.00 $162.00 $60.00 4 Nights $236 00 $216 00 $80 00

Rentals 2 Nights 3 Nights+ WeeklyNew Trailers $175.00 $165.00 $990.00 Permanent Sites $150.00 $140.00 $799.00 Desert Riviera $175.00 $165.00 $990.00

RV Camping Rates Rental RatesRents & Rates

4 Nights $236.00 $216.00 $80.00 5 Nights $295.00 $270.00 $100.00 6 Nights $354.00 $324.00 $120.00 7 Nights $413.00 $378.00 $140.00

*Includes Electric

Cable Daily Weekly$3.00 $15.00

Storage Per Month Per YearGated $50.00 $550.00 Mountain $45.00 $450.00 Enclosed $110.00

Storage Rates

Rent ComparablesTotal PM/MH RV Monthly

ALL MAJOR HOLIDAY RESERVATIONS ARE A 3-DAY MININMUM. THIS INCLUDES EASTER, MEMORIAL DAY, FOURTH OF JULY, AND LABOR DAY.

ALL RESERVATIONS ARE SUBJECT TO A 20% CANCELLATION CHARGE. NO REFUND WILL BE GIVEN WITHIN 14 DAYS PROIR TO DATE OF RESERVATION.

RATES INCLUDE THANKSGIVING WEEK WEDNESDAY THRU SUNDAY.

1

2

Park NameTotal Units

PM/MH Units

RV Units

Daily Weekly MonthlyMonthly MH Rate

675 Parker Dam Road  ‐ Parker Dam, CA Riverlodge Resort 311 32 279 50$             210$             $                390  390$           

Riverfront Park with Clubhouse, Restaurant, and small golf course

3401 Parker Dam Road ‐ Earp, CA Riverland Resort 126 71 55 45$             n/a  $395 ‐winter  $725‐$825 Summer 

Park Locations

3

4

Full hook up RV spaces with marina, gas docks and boat slips

1 Marina Street ‐ Big River, CA Big River RV Park 185 0 185 39$             n/a  n/a  n/a

Full hook up RV Spaces with Clubhouse, boat launch, storage and wifi.

5220 E Highway 95 ‐ Parker, AZCastle Rock Shores

330 30 300 50$             250$             $                400  400$           

Riverfront Park with Clubhouse, Restaurant, and small golf course

5 156100 Black Meadow Road  ‐ Parker Dam, CABlack Meadow 

Landing439 56 383 60$             175$             n/a  n/a

RV sites, park models and motel units, Marina and restaurant

451 Parker Dam Road ‐ Parker Dam, CA Echo Lodge Resort 320 205 115 59$             N/A N/A $450‐$600

ALL PARKS IN THE AREA HAVE SUMMER AND WINTER RATES, THIS SURVEY REFLECTS SUMMER RATES.

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

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Rent Roll No Rent Control

Echo Lodge River Resort

Space MH or Space Jul - 2010

Number RV Rent Rent

Space MH or Space Jul - 2010

Number RV Rent Rent

1 D-0 MH 432.00$ 457.00$

2 451A MH 405.00$ 430.00$

3 451B MH 440.00$ 465.00$

4 A-01 RV

5 A 02 RV

36 A-37 MH 575.00$ 600.00$

37 A-38 MH 579.00$ 604.00$

38 A-40 MH 516.00$ 541.00$

39 A-41 MH 516.00$ 541.00$

40 A 42 MH 469 00$ 494 00$5 A-02 RV

6 A-03 RV

7 A-04 RV

8 A-05 RV

9 A-06 RV

10 A-07 MH 535.00$ 560.00$

11 A-09 MH 489.00$ 514.00$

12 A 10 MH 491 00$ 516 00$

40 A-42 MH 469.00$ 494.00$

41 A-43 MH 489.00$ 514.00$

42 A-44 MH 491.00$ 516.00$

43 A-45 MH 525.00$ 550.00$

44 A-46 MH 527.00$ 552.00$

45 A-47 MH 476.00$ 501.00$

46 A-48 MH 476.00$ 501.00$

47 A 49 MH 481 00$ 506 00$12 A-10 MH 491.00$ 516.00$

13 A-11 MH 527.00$ 552.00$

14 A-12 MH 501.00$ 526.00$

A-13 NS

15 A-14 MH 483.75$ 508.75$

16 A-15 MH 506.00$ 531.00$

17 A-16 MH 506.00$ 531.00$

47 A-49 MH 481.00$ 506.00$

48 A-50 MH 486.00$ 511.00$

49 A-51 RV

50 A-52 RV

51 A-53 RV

52 A-54 RV

53 A-55 MH 561.00$ 586.00$

18 A-17 MH 466.00$ 491.00$

19 A-18 MH 527.00$ 552.00$

20 A-19 MH 485.75$ 510.75$

21 A-20 MH 491.00$ 516.00$

22 A-21 MH 461.00$ 486.00$

23 A-22 MH 451.00$ 476.00$

24 A-23 MH 466.00$ 491.00$

54 A-56 MH 485.00$ 510.00$

55 A-57 MH 525.00$ 550.00$

56 A-58 MH 490.00$ 515.00$

57 A-59 MH 481.00$ 506.00$

58 A-60 MH 512.00$ 537.00$

59 A-61 MH 527.00$ 552.00$

60 A-62 MH 514.00$ 539.00$

25 A-24 RE 477.00$ 502.00$

26 A-25 RE 477.00$ 502.00$

27 A-26 RE 477.00$ 502.00$

28 A-28 MH 605.75$ 630.75$

29 A-29 MH 471.00$ 496.00$

30 A-30 MH 527.00$ 552.00$

31 A-31 MH 596.00$ 621.00$

61 B-01 MH 476.00$ 501.00$

62 B-03 MH 493.00$ 518.00$

63 B-04 MH 521.00$ 546.00$

64 B-06 MH 450.00$ 475.00$

65 B-07 MH 475.75$ 500.75$

66 B-08 MH 431.00$ 456.00$

67 B-09 MH 431.00$ 456.00$

32 A-33 MH 596.00$ 621.00$

33 A-34 MH 486.75$ 511.75$

34 A-35 MH 506.00$ 531.00$

35 A-36 MH 527.00$ 552.00$

68 B-10 MH 443.75$ 468.75$

69 B-11 MH 500.75$ 525.75$

70 B-12 MH 436.00$ 461.00$

71 B-13 MH 487.00$ 512.00$

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

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Rent Roll No Rent Control

Echo Lodge River Resort

Space MH or Space Jul - 2010

Number RV Rent Rent

Space MH or Space Jul - 2010

Number RV Rent Rent

72 B-14 MH 462.00$ 487.00$

73 B-15 MH 493.00$ 518.00$

74 B-16 MH 493.00$ 518.00$

75 B-17 MH 447.00$ 472.00$

76 B 18 MH 440 00$ 465 00$

108 C-19 MH 445.00$ 470.00$

109 C-20 RE 410.00$ 435.00$

110 C-21 MH 455.75$ 480.75$

111 C-22 MH 473.00$ 498.00$

112 C 23 MH 452 00$ 477 00$76 B-18 MH 440.00$ 465.00$

77 B-19 MH 495.00$ 520.00$

78 B-20 MH 456.00$ 481.00$

79 B-21 MH 460.00$ 485.00$

80 B-22 MH 491.00$ 516.00$

81 B-23 MH 465.75$ 490.75$

82 B-24 MH 446.00$ 471.00$

83 B 25 MH 473 00$ 498 00$

112 C-23 MH 452.00$ 477.00$

113 C-24 MH 464.00$ 489.00$

114 C-25 MH 471.00$ 496.00$

115 C-26 MH 431.00$ 456.00$

116 C-27 MH 457.00$ 482.00$

117 C-28 MH 475.75$ 500.75$

118 C-29 MH 460.75$ 485.75$

119 D 01 MH 461 00$ 486 00$83 B-25 MH 473.00$ 498.00$

84 B-26 MH 500.75$ 525.75$

85 B-27 MH 447.00$ 472.00$

86 B-28 MH 446.00$ 471.00$

87 B-29 MH 442.00$ 467.00$

88 B-30 MH 490.75$ 515.75$

89 B-31 MH 472.00$ 497.00$

119 D-01 MH 461.00$ 486.00$

120 D-02 MH 450.00$ 475.00$

121 D-03 MH 457.00$ 482.00$

122 D-04 MH 470.75$ 495.75$

123 D-05 MH 426.00$ 451.00$

124 D-06 MH 451.00$ 476.00$

125 D-07 MH 432.00$ 457.00$

90 B-32 MH 514.00$ 539.00$

91 C-01 MH 446.00$ 471.00$

92 C-02 MH 432.00$ 457.00$

93 C-03 MH 452.00$ 477.00$

94 C-04 MH 432.00$ 457.00$

95 C-05 MH 477.00$ 502.00$

96 C-07 MH 460.75$ 485.75$

126 D-08 MH 461.00$ 486.00$

127 D-09 MH 412.00$ 437.00$

128 D-10 MH 470.00$ 495.00$

129 D-11 MH 432.00$ 457.00$

130 D-12 MH 460.00$ 485.00$

131 D-13 MH 460.00$ 485.00$

132 D-15 MH -$

97 C-08 MH 463.75$ 488.75$

98 C-09 MH 443.75$ 468.75$

99 C-10 MH 460.75$ 485.75$

100 C-11 MH 442.00$ 467.00$

101 C-12 MH 446.00$ 471.00$

102 C-13 MH 450.00$ 475.00$

103 C-14 MH 450.00$ 475.00$

133 D-16 MH 300.00$ 325.00$

134 E-01 MH 442.00$ 467.00$

135 E-02 MH 455.00$ 480.00$

136 E-03 MH 412.00$ 437.00$

137 E-04 MH 470.00$ 495.00$

138 E-05 MH 460.00$ 485.00$

139 E-06 MH 472.00$ 497.00$

104 C-15 MH 435.00$ 460.00$

105 C-16 MH 444.00$ 469.00$

106 C-17 MH 432.00$ 457.00$

107 C-18 MH 466.00$ 491.00$

140 E-07 MH 470.75$ 495.75$

141 E-08 MH 426.00$ 451.00$

142 E-09 MH 475.75$ 500.75$

143 E-10 MH 476.00$ 501.00$

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

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Rent Roll No Rent Control

Echo Lodge River Resort

Space MH or Space Jul - 2010

Number RV Rent Rent

Space MH or Space Jul - 2010

Number RV Rent Rent

144 E-11 MH 472.00$ 497.00$

145 E-12 MH 475.75$ 500.75$

146 G-26 MH 491.00$ 516.00$

147 G-27 MH 506.00$ 531.00$

148 G-28 MH 481.00$ 506.00$

180 LL-03 MH 481.00$ 506.00$

181 LL-04 MH 501.00$ 526.00$

182 LL-05 MH 501.00$ 526.00$

183 LL-06 MH 501.00$ 526.00$

184 LL-07 MH 496.00$ 521.00$

149 G-29 MH 466.00$ 491.00$

150 G-30 MH 511.00$ 536.00$

151 G-31 MH 514.00$ 539.00$

152 G-32 MH 450.00$ 475.00$

153 G-33 MH 492.00$ 517.00$

154 G-34 MH 491.00$ 516.00$

155 G-35 MH 472.00$ 497.00$

185 LL-08 MH 486.00$ 511.00$

186 UL-01 MH 506.00$ 531.00$

187 UL-02 MH 500.75$ 525.75$

188 UL-03 MH 500.75$ 525.75$

189 UL-04 MH 511.00$ 536.00$

190 UL-05 MH 486.00$ 511.00$

191 UL-06 MH 501.00$ 526.00$

156 G-36 MH 458.00$ 483.00$

157 G-37 MH 454.00$ 479.00$

158 G-38 MH 499.00$ 524.00$

159 G-39 MH 464.00$ 489.00$

160 G-40 MH 505.00$ 530.00$

161 G-41 MH 499.00$ 524.00$

162 G-42 MH 595 00$ 620 00$

$ $

192 UL-07 MH 501.00$ 526.00$

193 UL-08 MH 506.00$ 531.00$

194 UL-09 MH 484.00$ 509.00$

195 UL-10 MH 485.75$ 510.75$

196 UL-11 MH 525.75$ 550.75$

197 UL-12 MH 510.75$ 535.75$

198 UL-13 MH 480 75$ 505 75$162 G-42 MH 595.00$ 620.00$

163 G-43 MH 456.00$ 481.00$

164 G-44 MH 486.00$ 511.00$

165 G-45 MH 516.00$ 541.00$

166 G-46 MH 481.00$ 506.00$

167 G-47 MH 489.00$ 514.00$

168 G-48 MH 470.00$ 495.00$

169 G 49 MH 417 00$ 442 00$

198 UL-13 MH 480.75$ 505.75$

199 UL-14 MH 494.00$ 519.00$

200 UL-15 MH 460.00$ 485.00$

201 UL-16 MH 500.75$ 525.75$

202 UL-17 MH 459.00$ 484.00$

203 UL-18 MH 491.00$ 516.00$

204 UL-19 MH 496.00$ 521.00$

205 UL 20 MH 494 00$ 519 00$169 G-49 MH 417.00$ 442.00$

170 G-50 MH 524.00$ 549.00$

171 G-51 MH 476.00$ 501.00$

172 G-52 MH 400.00$ 425.00$

173 G-53 MH 491.00$ 516.00$

174 G-54 MH 491.00$ 516.00$

175 G-55 MH 491.00$ 516.00$

205 UL-20 MH 494.00$ 519.00$

206 UL-21 MH 481.00$ 506.00$

207 UL-22 MH 465.00$ 490.00$

208 UL-23 MH 516.00$ 541.00$

209 UL-24 MH 491.00$ 516.00$

210 UL-25 MH 491.00$ 516.00$

TOTALS 94,857.75$ 99,832.75$

176 G-56 MH 502.00$ 527.00$

177 SHOP SH 85.00$ 110.00$

178 LL-01 MH 466.00$ 491.00$

179 LL-02 MH 495.75$ 520.75$

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

http://www.mhrvadvisors.com

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Map & Park Location Location Map

A StrategicEcho Lodge River Resort

Destination Location

Over ½ Mile of River Frontage

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]

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Located in the southeast of the state of California, the county stretches

San Bernardino County InformationEcho Lodge River Resort

yfrom the outskirts of the densely populated Riverside-San BernardinoArea to the Nevada border and the Colorado River. As of the 2000census, the population was 1,709,434. As of 2007, the population wasestimated by the California Department of Finance to have grown to2,028,013. San Bernardino County is the largest county in the UnitedStates by area, and is larger than each of the nine smallest states.

Geographically, the county is desert and mountains. The MojaveNational Preserve covers some of the eastern desert, the desert portionalso includes the cities of Needles next to the Colorado River, andBarstow. The mountains are home to the San Bernardino NationalForest, and include the communities of Crestline, Lake Arrowhead,Running Springs, Big Bear City, Forest Falls, and Big Bear Lake.

Rent Control:There is no rent control in Parker DamThere is no rent control in Parker Dam.

The Parker Strip is the section of the Colorado River located betweenHeadgate Rock Dam on the south and the Parker Dam on the north. Theriver divides California to the west from Arizona to the east and is part ofthe southern Mojave Desert.

Along the river banks there are many sandy beaches, bars, restaurants,hotels and there is one casino too Activities at the Parker Strip include jet

Parker Dam, CAhotels and there is one casino too. Activities at the Parker Strip include jetskiing, boating, water skiing, parasailing, tubing, off roading, fishing,hunting, gambling, bird watching or just sun bathing. The Parker Strip areaincludes many kind of recreational facilities where you can exercise all sortof water sports and desert related activities.

Many snowbirds, with RVs from the north, enjoy expending the wintermonths camping in the Parker Strip every year. About 40 miles, north of theParker Dam, Havasu City in Lake Havasu is home to many internationaly yracing events and to the famous London Bridge.

Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

Vince Reynolds(858) 456-5111

[email protected]

Norman Sangalang(858) 456-5110

[email protected]