57560 N AZ Highway 188 - Manufactured Housing/Mobile Housing FOR SALE


Payson, AZ 85541
$2,400,000 USD
602-435-3636
57560 N AZ Highway 188, Payson, AZ for Sale
$2,400,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
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57560 N AZ Highway 188
Payson, AZ 85541


OVERVIEW

CBRE is pleased to announce the exclusive offering of Jakes Corner RV Park, a 45-unit mobile home and RV park situated in Payson, Arizona, presents a compelling value-add investment opportunity within the robust RV park market. Conveniently located directly on Highway 188, the park benefits from its proximity to Payson's amenities and its gateway position to Arizona's picturesque Rim Country. Positioned in Jakes Corner, an unincorporated community known for its serene, rural character and proximity to the Tonto National Forest, the park offers a tranquil retreat for residents and It is approximately 19 miles from Downtown, Payson and roughly an hour's drive from Scottsdale, allowing for potential remote management from the Phoenix metropolitan area. The location provides easy access to outdoor attractions such as Roosevelt Lake, Tonto Natural Bridge State Park, and the Mogollon Rim, appealing to nature enthusiasts and those seeking an escape from urban life. The RV industry revenue is projected to grow from $10.7 billion in 2023 to $11.4 billion by 2028, with nearly 11% of U.S. households owning an RV. The demand for RV travel has surged, driven by a desire for outdoor recreation, flexibility, and the rise of remote work.  Arizona is a prime destination for RVers, particularly "snowbirds" and those seeking year-round outdoor activities due to its favorable weather, scenic landscapes, and affordability compared to other regions. The state's campgrounds and RV parks industry has grown at an average annual rate of 8.2% from 2020 to 2025.link

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

45

PRICE/UNIT

$53,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RV Park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

Commercial

APN/PARCEL ID

304-37-006L,304-37-006Q

ASK ABOUT THIS PROPERTY

602-435-3636

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602-435-3636

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