Havasu Falls RV Resort - for Sale in Lake Havasu City, Arizona

Broker Information

Property Description

Havasu Falls RV Resort is one of the best “Big Rig” RV resorts in the southwest. It was built in 1997 with the intention to capture the booming, more transient, large motor home traveler. Sites are approximately 28 feet wide X 50 feet long and can accommodate the biggest 45 foot motor homes with slideouts on each side. Each site has a large concrete pad, 50 amp electrical service, telephone, and cable tv. 81 pull thru sites. The RV park sits on a hill and many of the sites have gorgeous lake views. Amenities include a large clubhouse with bathrooms and showers, billiards, exercise room, and laundry, large swimming pool, horseshoe pits, bocce ball courts, clubhouse outside seating area, wifi, and large office with manager apartment and two car garage/shop. Winter rental rates are $37 daily and $220 weekly plus tot tax, and $480 monthly plus electric. Summer rental rates are $37 daily and $222 weekly plus tot tax, and $450 monthly plus electric. Please review the Park’s web site at www.havasufallsrvresort.com

The property offers strong upside to a buyer and it is the only high quality RV resort in Lake Havasu. The property has had very little advertising, marketing, and promotion. The RV resort services the more mobile, upscale, big rig clientele but does not have desirable online reservations. Most prime, winter destination RV resorts have higher rates for the very busy January and February months, and Broker feels peak rates should be increased to $600. Until the local Lake Havasu economy becomes robust again with construction workers and seasonal employees throughout the year, a buyer might consider closing for the slow summer season and saving on expenses.

The property is zoned commercial and is on busy Highway 95, the main drag in Lake Havasu with shopping centers and other commercial uses nearby. A future commercial land value price of $10 per square foot would have a value of $4.13 Million for the property.

Park Information

RV Space Information