Photo of RV Park/Campground

RV Park/Campground Details

Purchase Method: Cash, New Loan
Cap Rate: 9.2%
Listing ID: 502548
Posted On: Jan 9, 2015
Updated On: Mar 3, 2015

Description

129-space upscale RV resort with all amenities including: Office, Manager apt., new park model for lease, rec room, laundry, full kitchen, "pebble-tech" pool, restrooms, workshop/garage, bocce ball, horseshoes, dog walks. All drives are asphalt with concrete/gravel sites, Full hook-ups at each site. Very nicely maintained facilities. Like-new condition.

Location

Located on State Highway 95 running thru town. Many sites have a nice lake view. Lake Havasu City, home of the London Bridge on the Colorado River separating AZ & Calif. 300 miles west to L.A., 150 miles north to Las Vegas, 60 miles north to Laughlin, NV and 200 miles east to Phoenix.

Amenities

Laundromat
Pool
Club House
Storage
Manager Office
Bathhouse
Wifi
Fitness Center

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Park Information

Number of RV Lots:	129
Year Built:	1997
Average RV Lot Rent:	$310
Size:	9.5 acre(s)

Financial Information

Gross Income:	$505,302
Operating Expense:	$229,375
Net Operating Income:	$275,927
Expense Ratio:	45.4 %

Utility Information

Water:	City
Sewer:	Treatment Plant

Havasu Falls RV Resort 3493 State Highway 95 North, Lake Havasu City, AZ 86404

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