3539 71 Hwy - Specialty FOR SALE


Alma, AR 72921
$2,200,000 USD
858-342-8517
3539 71 Hwy, Alma, AR for Sale
$2,200,000 USD
Specialty - FOR SALE
1/6
null | 8.84% Cap Rate

3539 71 Hwy
Alma, AR 72921


HIGHLIGHTS

  • Monthly Occupancy Upside – Value-add opportunity to transition to more of a monthly park due to job growth in the area. Current opportunity includes t
  • Fast Growing Market – Fort Smith, Arkansas, is a growing market driven by its strategic location, expanding industries in logistics, manufacturing, an
  • Expansion Land – The RV park includes approximately 5 acres of land for developing additional spots, cabins, or new amenities.
  • Proximity to Surrounding Cities – Located near I-40 and I-49, the park provides quick access to surrounding cities such as Fayetteville and the Oklaho
  • Attractive Amenities – Fort Smith Alma RV Park offers full RV hookups, Wi-Fi, a seasonal pool, a fishing lake, a playground, laundry facilities, and i
  • Additional Revenue Opportunities – Two newly renovated homes and an apartment generate additional revenue of over $25,000 annually.

OVERVIEW

North Star is pleased to offer Fort Smith Alma RV Park, a well-positioned 65-unit RV park featuring five cabins and three rental units, available to qualified buyers. Each of the sites includes full 30/50 Amp hookups, providing convenience for both short-term and long-term guests. Strategically located between Fort Smith and Fayetteville near two major interstates, the park is an ideal destination for overnight travelers and extended stays alike. The park boasts a $194,399 NOI on $338,866 in Revenue representing a 39% Operating Expense Ratio. Looking for something else? Please submit your buying criteria so that our team can better pair your with opportunities that meet your needs. HOW TO PARTICIPATE Inquiries should be made by contacting Caleb Jackson at Caleb@nstarba.com DO NOT show up to the property unannounced. DO NOT speak to staff, guests or owners without written consent from Broker. Offers must be submitted in a Letter of Intent format with proof of funds and/or letter from a lender. Please review all diligence materials prior to contacting an agent.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$2 USD /SF

CAP RATE

8.84%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fort Smith Alma RV Park

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-2

APN/PARCEL ID

770-00081-000

ASK ABOUT THIS PROPERTY

Caleb JacksonNorth Star Brokerage & AdvisoryMore Info
858-342-8517

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Caleb JacksonNorth Star Brokerage & AdvisoryMore Info
858-342-8517

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.