30625 S State Route 89 - Specialty FOR SALE
Congress, AZ 85332 |
30625 S State Route 89
Congress, AZ 85332
HIGHLIGHTS
- North Ranch is a mixed monthly/transient RV park with average rates of ~$13/night and running ~57% occupancy.
- By converting to a public park and increasing advertising spend the occupancy could be stabilized at market rates which are ~$40-45/night
- Located near Congress, AZ off Hwy 93 between Phoenix and Las Vegas and within 1 1/2 hours of downtown Phoenix.
- Opportunity to grow revenue by raising rates, optimizing transient/monthly sites to maximize REVPAR, adding cabin sites, etc.
- Management in-place with current out-of-area owner and ready for stabilization post-membership.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
North Ranch RV Park
PROPERTY TYPE
Specialty
ADD'L SUBTYPES
Parking Lot, Self Storage, Marina
TOTAL BUILDING SIZE
1000
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
21 AC AC
LAND SF
914,760 SF
ZONING
-
APN/PARCEL ID
201-30-437,201-30-438,201-30-439,201-30-440
