Contact Information
VEENO Suchdeve
3535 W Chino Dr LLC
RV Park/Campground Details
- Price: $550,000
- Purchase Method: Cash, New Loan, Assumable Loan
- Listing ID: 7060680
- Posted On: Jul 24, 2026
- Updated On: Jul 24, 2026
Description
Location: 3535 W Chino Dr, Golden Valley, AZ
Total Planned Capacity: 27 RV Sites
Current Status: 14 Completed Infrastructure Sites (5 Occupied) + Approved Plans for 13 Additional Sites
Financing Highlight: $150,000 Assumable Loan Available
Investment Overview
An incredible value-add investment opportunity located in growing Golden Valley, Arizona! This 27-site RV park project offers immediate in-place cash flow paired with massive operational and physical expansion potential. Whether you are looking for a manageable income-producing property or an enterprise project with high yields upon stabilization, this site is primed for immediate growth.
Current Operations & In-Place Income
14 Completed Infrastructure Sites: Fully developed and operational pad infrastructure ready for immediate leasing.
Stable Base Income: 5 currently occupied long-term tenants generating $2,250/month base rent ($450/site/month).
Utility Pass-Through: Tenants pay their direct electric usage, keeping operational overhead low for management.
Immediate Growth Potential: Fill the remaining 9 completed/vacant sites without additional major capital expenditure to immediately double current income.
Expansion & Future Value Potential (The Upside Spin)
Approved Plans for 13 Additional Sites: All engineering and planning groundwork has been laid to expand the park from 14 to 27 total operational spaces.
Stabilization Projections (At Full 27-Site Capacity):
Gross Monthly Rental Revenue: $12,150/month (at current $450 base rate)
Gross Annual Rental Revenue: $145,800/year
Substantial Equity Capture: Capitalize on the strong regional demand for affordable RV housing and long-term stays. Expanding and stabilizing to 27 pads dramatically expands net operating income (NOI), offering significant cap-rate compression and asset value appreciation upon completion.
Key Features & Seller Financing Advantage
Assumable Financing: Take advantage of an existing $150,000 assumable loan, offering a streamlined acquisition process and lower upfront capital requirements.
Prime Golden Valley Location: Positioned conveniently with easy access to Kingman, Bullhead City, and Laughlin—appealing to both long-term residents and traveling recreationalists.
Low Owner Overhead: Sub-metered electric infrastructure ensures efficient expense management.
Park Information
| Number of RV Lots: | 27 |
| Year Built: | 2025 |
| Average RV Lot Rent: | $450 |
| Size: | 5.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $27,000 |
| Operating Expense: | $14,280 |
| Net Operating Income: | $12,720 |
| Expense Ratio: | 52.9 % |
| Debt Info: | $150,000 assumble note |
Utility Information
| Water: | City |
| Sewer: | Septic |