RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.7%
- Listing ID: 285148
- Posted On: May 7, 2013
- Updated On: May 6, 2014
Description
REDUCED $400,000!!!!!!!! One of a kind with over 250 ft on the Colorado River and 250 ft on Hwy 95. 28 RV spaces,7 park models built in 2004,7 deluxe kitchenettes, office, 2 laundries and clubhouse all updated with tile floors, carpet,paint,furnishings in 2012. Grounds have been transformed to reflect a tropical paradise.Pool, spa,boat launch and sandy beach. Units rent by the day, week and or month. A true river destination on the Colorado River! Perfect diverse investment opportunity.
CHECK OUT THIS RIVER OASIS AT;
www.coloradoriveroasis.com
Location
Located on the banks of the Colorado River in growing Bullhead City, AZ. Property looks across to the casinos in Laughlin, Nevada. This area attracts millions of seasonal visitors (snow birds) from all parts of the United States and Canada.
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Boat Access
- Manager Office
- Bathhouse
- Wifi
- Fitness Center
Park Information
| Number of RV Lots: | 42 |
| Year Built: | 2004 |
| Size: | 2.9 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $308,280 |
| Operating Expense: | $76,350 |
| Net Operating Income: | $201,102 |
| Expense Ratio: | 24.8 % |
Utility Information
| Water: | City |
| Sewer: | City |
