KOA Journey Lost Hills at I-5 & Hwy 46
79 RV Full Hook-up 30/50 Amps pads + 4 Tent sites + 2 Horse corrals + Mobile Home + 1BR Apartment
-Located at off I-5 exit at Highway 46. Hwy 46 is going through expansion that will connect Paso Robles (wine country/mid-state fair/central coast etc. to the west and Bakersfield/Sierra foothills to the east)
-Extra space to add RV storage or Self Storage. Or opportunity to minimize utility costs by installing Solar panels.
-Reception includes a large space for convenience store with walk-in cooler that remains unutilized.
-Apartment above the store can be rented for additional revenue.
-Food Truck lease generates additional revenue
-This is an absentee run business with management in place.
-At present business includes mix of long term (mostly commercial with opportunity to bring in non-commercial tenants) and daily transient guests.
-Resumption of Oil & Gas permitting, up to 2000 permits per year, is expected to bring more demand for workforce housing. Senate bill takes effect 1/2026.
-Large scale Solar & Battery storage projects such as Galaxy & Buttonbush are being reviewed by county.
-Other new planned projects in area include Hydrogen production plant by Chevron, “Carbon Frontier” Project by Aera Energy to capture & store Carbon, New oil well drilling, Solar field installations, Farm projects (Almond/Pistachio harvest)…etc.
-KOA franchise agreement due for renewal mid 2026 (so opportunity to go independent with minimal liquidated expense).
Possible to utilize this commercial zoned 9 acres with all utilities already available, at busy & developing exit, for other uses (check with county).
-Proforma: Conservative increase RV rental by only 10% = $275,000 ; Apartment rental: $18,000 ; RV Storage/Commercial storage: $12,000 ; Cancel KOA franchise: $60,000. NET NOI: $365,000
-PLEASE DO NOT DISTURB EMPLOYEES OR GUESTS; I WILL BE HAPPY TO ARRANGE FOR A TOUR.
-POTENTIAL BUYER’S QUALIFICATIONS AND PROOF OF FUNDS MAY BE NEEDED BEFORE RELEASING DETAILS.