Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park
Burrwood RV Park

RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 11.0%
  • Listing ID: 1179575
  • Posted On: Jan 13, 2020
  • Updated On: Apr 12, 2021

Description

Burrwood RV Park is a beautiful park in Quartzsite, Arizona. There are over 2 million people in Quartzsite during the season. There are 93 spaces with an owners home and 2 large club houses. There is a separate office and storage sheds, laundry facilities and a cactus garden. We use a computer management system. We have internet marketing. We have made extensive improvements: new well pumps, new pavement, new landscaping, septic repairs, remodel the buildings, new office, and new laundry facilities. The residents enjoy the park and it is their primary home or their second home. Many have lived there over 14 years. 75% of the residents are yearly. They stay for the season and have so many friends that they come back every year and their friends bring in more friends. It is on approx 6.5 acres with 2 wells and great drinking water. We have owned the park 17 years. Put $280k down seller will carry $169k @ 5% with a call.

BURRWOOD RV PARK

29620 N 53rd
Quartzsite, AZ

93 spaces
2 wells, 2 Storage tanks
Large clubhouse approx 2000 sq.ft,
Owners home approx 1500 sq ft.
Second clubhouse approx 800 sq ft
Park Office area
Storage Shed, Laundry facilities
BURRWOOD RV PARK
PROFORMA STATEMENT
MONTH ENDING 3/20

INCOME

UNITS TYPE YEARLY RENTS

BURRWOOD 69 spaces
BURRWOOD II 24 spaces
93 Spaces @ 1295
LAUNDRY

TOTAL 93892
EXPENSES
TAXES 2601
MANAGER 13750
INSURANCE 2394
WATER/SEPTIC 1735
GAS/ELECTRIC 18902
GARBAGE 1808
MAINTENANCE/REPAIRS 923
SUPPLIES 534
TOTAL EXPENSES 42647

TOTAL NET INCOME 51245

Amenities

  • Laundromat
  • Club House
  • Storage
  • Manager Office
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 93
Year Built: 1980
Average RV Lot Rent: $1,295
Size: 6.5 acre(s)

Financial Information (Pro Forma)

Gross Income: $93,892
Operating Expense: $42,647
Net Operating Income: $51,245
Expense Ratio: 45.4 %

Utility Information

Water: Well
Sewer: Septic