For Sale
$1,250,000

240 Riggles AveQuartzsite, AZ 85346

High-Yield RV Park with Clubhouse

Overview

Added:
Feb 3
Days on market:
64
This exceptional investment opportunity presents a thriving 2.42-acre RV park in Quartzsite, Arizona, boasting impressive financial performance. Currently featuring 27 fifty-amp RV stalls with potential to expand by 13-14 more, the park enjoys a remarkable 95% booking rate through April 24th, with reservations extending into 2025. The property generated over $100,000 in pre-tax revenue in 2023, representing an 8% capitalization rate. A significant asset is the nearly 5,021-square-foot clubhouse, which includes a fully remodeled event center with a modern kitchen and new flooring, updated furniture, a new shower, and a remodeled office complete with new flooring and built-in desk. The clubhouse also houses a convenient camp store and a 1,000-square-foot apartment currently undergoing renovation, suitable for a park manager's residence or as an additional income source. Further enhancing the park's appeal is the recent addition of a propane tank, allowing for on-site propane sales to campers. A streamlined contactless overnight booking system is in place, optimizing overnight reservations and managing visitor traffic efficiently. This turnkey operation offers a compelling investment prospect with significant growth potential. The property is priced at $1,250,000.

Property Details for 240 Riggles Ave

Property type
Year Built
2005
Lot Size (sq. ft)
105,415 SF

Location Insight

City
Quartzsite
County
La Paz
State
Arizona
Latitude
33.67157
Longitude
-114.2001
240 Riggles Ave, Quartzsite, Arizona

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240 Riggles Ave
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