Railroad Park Resort
100 Railroad Park Rd
Under Contract, Back-Up Offers Welcome. Lodging Brokers Network is proud to be the exclusive listing broker of Railroad Park Resort located in the renowned Mount Shasta tourist region. This unique railroad themed resort includes railcar lodging, vintage cabins, an RV park and campground, and is situated on approximately 42.99 acres with Little Castle Creek running through it. Guests can enjoy visiting the famous Mount Shasta, hiking at the Castle Crags State Park section of the Pacific Crest Trail that borders the property, fly fishing in the Sacramento River or visiting nearby Hedge Creek Falls. Accommodations total 71 rentable sites/units including 22 cabooses, 1 boxcar, 4 vintage cabins, and a 44-unit RV park and campground. Amenities include a 120-seat dining car restaurant with a full bar (Type 47 Liquor license) plus outdoor seating, pool, hot tub, gift shop/office, campground store, a rare 1927 Willamette Steam Driven Locomotive on display, a 6,000 SF shop/warehouse, a manager’s apartment, and a private detached 2-bedroom, 2-bathroom home with garage overlooking a beautiful pond.
Located in a tourist area directly off of Interstate 5 (I-5), in between Redding and Mt. Shasta, this unique investment opportunity offers attractive returns and expansion potential. The management team is in place with current managers wanting to stay on board. Ownership has continuously made numerous improvements including the Castle View Express Trackless Train ride which was just added and has been a popular new offering. This rare opportunity is being offered at a 10% cap rate on 2022 adjusted net operating income. Property survey is complete, and current pace report is trending up 21% for the remainder of 2023.
Contact Kathryn Proctor at 415-606-4587 for more information. Do NOT contact manager or employees. Appointments made through Listing Broker ONLY.
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