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Address is 272 W Main Street Springerville, AZ 85938

Bart & Muriel Hill

The Park Company

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Casa Malpais RV Park

RV Park/Campground for Sale in Springerville, Arizona

272 W Main Street
Springerville, AZ 85938

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Sale Price: $895,000

Contact Information

Bart & Muriel Hill
The Park Company

RV Park/Campground for Sale

Year Built: 1964
Number of RV Lots: 55
Average RV Lot Rent: 280
Size: 5.5 acre(s)
Cap Rate: 10.2%
Purchase Method: Cash
Status: Sale Pending
Property ID: 989332
Posted on: Sep 14, 2018
Updated on: Sep 20, 2018
Price: $895,000

Property Description

We now have listed Casa Malpais RV Park - a 55 space property on 5+ acres located in the summer playground of the Eastern White Mountains in Springerville, Arizona. The park has been immaculately maintained, and the list of recent improvements is significant and lengthy. The property has large spaces, and comes with nine newer park models – manufactured by Chariot Eagle. If a new owner choses to add more park models, there is plenty of room to accommodate. The property boasts a large clubhouse with rec room, office, laundry and showers.

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Location Description

Casa Malpais RV Park is a very clean turn-key property, and it is situated in a desirable summer resort locale. Medical services, shopping and restaurants are within a short drive of the park. Fishing is popular, and ATVs have become a common sight also, since the town is surrounded by hundreds of miles of ATV trails. Skiing and wintertime pursuits are also close by. The nearby TEP power plants also bring maintenance crews into town that become frequent park residents.

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Park Information

Year Built:1964
Size:5.5 acre(s)

Financial Information

Gross Income$185,792
Operating Expense$94,395
Net Operating Income$91,387
Expense Ratio 50.8%
Debt Info

RV Space Information

Number of RV Lots:55
Average RV Lot Rent: $280

Utility Information

Water:Well
Sewer:Septic

Amenities and Other

Laundromat: Yes
Club House: Yes
Manager Office: Yes
Bathhouse: Yes
Wifi: Yes