Indian Skies RV Park

Property Description:

Indian Skies RV Resort is a 290 site 55+ community located in the heart of Coolidge, Arizona just 45 minutes to Sky Harbor Airport. The park is a legitimate 4-star RV resort with a full amenity package and 2/3rd park model/permanent occupancy creating stable tenancy and attractive financing options. The rents are low for the market – around 20% below comparable Casa Grande communities. The park has paved roads and is serviced by city water and septic tanks. There is additional room on the back of the property for site expansion and the park is almost 100% reserved for the winter months. Broker recommends a few ideas to boost revenue and increase occupancy including online reservations, better website and digital advertising, and signage. A pickleball court also would be attractive to the tenants. Park models sell for between $50,000 and $70,000; the majority of the park’s income is from long-term snowbirds. Financial pro forma adjusts 2020 income based on averages of last 3 years September through December income.