For Sale
$3,150,000

30625 State RteCongress, AZ 85332

Arizona RV park, 109 sites, high growth potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 109-site RV park, nestled on 21 acres in Congress, Arizona, presents a compelling value-add investment opportunity. Located approximately 80 miles northwest of Phoenix, the park benefits from its proximity to major tourist destinations including the Grand Canyon and Lake Havasu. Currently operating as a mixed monthly/transient park with an average nightly rate of approximately $13 and roughly 57% occupancy, the park offers significant upside potential. Conversion to a traditional, public park, coupled with increased marketing and advertising, could elevate occupancy to market rates of $40-$45 per night. The current asking price is $3,150,000, translating to approximately $28,899 per site. This represents a projected stabilized yield of approximately 18%. Further revenue enhancement strategies include raising rates, optimizing site utilization to maximize revenue per available room (REVPAR), adding cabin sites, upgrading existing sites to premium status, and introducing premium amenities such as enhanced Wi-Fi and cable options, vending machines, and application fees. The park boasts an existing management team, ready to facilitate stabilization following the conversion from a membership-based model. The property features an activity center and clubhouse, hosting regular social events, and enjoys direct access to Bureau of Land Management (BLM) land and other local attractions, including the historic town of Wickenburg. This is a rare opportunity to acquire a well-positioned RV park in a thriving tourism region with substantial room for growth and profitability.

Property Details for 30625 State Rte

Property type
Specialty properties, Mobile home & RV parks
Lot Size (sq. ft)
914,760 SF
Units
109

Location Insight

City
Congress
County
Yavapai
State
Arizona
Latitude
34.1046973
Longitude
-112.8306318
30625 State Rte, Congress, Arizona

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30625 State Rte
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