A Southern California RV and mobile home park owner with four such North Bay properties in its portfolio bought a 93-space Windsor freeway frontage property that at one time housed a waterslide center and was envisioned for residential or commercial redevelopment.
However, Costa Mesa-based Thomsen Properties has no plans to change the use of the property, owner Bart Thomsen told the Northbay Business Journal.
“We bought it on the economics of an RV park,” he said.
Thomsen bought the 18.3-acre site at 8225 Conde Lane via Windsor RV LLC, on June 3 for $3.725 million, or about $4.67 a square foot.
Though a residential or commercial redevelopment of the property isn’t currently planned, the new owner does plan to upgrade the park, likely starting with better lighting and streets.
Thomsen Properties owns 22 mobile-home parks, all in California. That includes two in Santa Rosa and one each in Sonoma and American Canyon.
The seller of the Windsor property, Windsor/Emery Land Co. LLC, led by Sonoma residents John and Deborah Emery, purchased it in 2004 for $4.5 million. Within weeks, the drowning of a 12-year-old boy at the water park, followed by insurance rates that soared, attendance that dropped and a cool summer the following year, led the Emerys to close the park in 2006 and submit plans for a 190-home, 62,000-square-foot commercial mixed-use redevelopment that year. The waterslides had been operating for 26 years, before the town was incorporated.