Circle RB RV Park

Property Description:

Just put on the market is a cash cow apartment/RV park combo on a major Metro Phoenix corridor with commercial zoning. Circle RB is currently 100% occupied with long-term tenants in furnished apartment units and RV spaces all paying monthly. The park is mostly adult with only one family as a tenant and has no age restrictions. There are 18 units used as long-term rentals with dedicated parking spaces, window climate control units, security system, block wall construction, and flat roof with recent elastomeric coating which offers solar potential. Every unit was also recently renovated with tile flooring. Tenants are screened and there are no crime issues. The property itself was connected to City of Mesa sewer and the RV section was upgraded electrically as well so every spaces received minimum 50 amps. The unit breakdown with rents is below. All rents include all utilities including cable and Wifi. There is currently on-site management in place and tenants usually assist with maintenance work when needed. The property itself lies within light rail expansion zone and there is countless commercial developments nearby. Banner Health also has a major hospital within 6 blocks. This is a cash flow machine that won’t last long!