Mountain View RV Park

Property Description:

Park Brokerage is proud to present to market an 81 space RV park in southern Arizona with huge operational, expansion, and rental upside. Mountain View is a 3* RV park with paved roads, curbs, large sites, and snowbird common area amenities plus 3rd party plus on-site management in place for passive investment. There are countless tourist ho spots in the area – Kartchner Caverns, Bisbee, Tombstone, Tucson as well as Fort Huachuca which has seen increased activity with Border Patrol and military spending increases. The park was placed under new management two years ago and has taken off since then, Broker believes that the construction of Villages at Vigneto which is a single family home development which was recently approved just a few miles from the property will provide workers to the area as well as a new attraction which will increase occupancy and rents. Expenses are very high, the park is at a 69% expense ratio which is high for a property on private utilities and a high ratio of long vs short terms residents. Broker recommends property tax audit, cleaning up management costs, and increasing electricity pass-through. The park is on a private well and septic and seller will have both inspected and certified prior to closing. Seller would prefer cash or bank financed sale however will consider seller-financed offers with a quick pay out term. Seller also owns a large park near Phoenix. The RV park is situated on approximately 7 acres which leaves more than double the acreage for expansion of RV rental or storage sites. Broker also recommends improving amenity package to include a pickleball court and a spa. Very attractive market, easy operational upside, motivated sellers plus passive income make this a must buy!