B l a c k s t o n e RV Park

MHRV Advisors		Mobile Home Parks For Sale & Financing Loans
The Leading Park Brokers		RV Parks For Sale & Financing Loans

For Sale

B l a c k s t o n e R V P a r k

Snowbird RV Park For Sale

Snowbird RV Park	♦ $2,100,000 - Snowbird RV Park
6.25% Existing Loan	♦ Upside, Primed For New Operator
Below Replacement	♦ Near Bullhead City and Laughlin
FOR SALE	♦ Existing $1.75m loan @6.25%

Click Here to Download A Full Package

All Listings Summary

MHRV ADVISORS: Snowbird RV park with at only $15,440 per space. It may be possible to assume the existing 6.25% loan fixed for another 5 years amortized and due in 30 years. The park has a solid income to build upon. The current operation is very passive and due to this the park has been under performing at a gross income of $223,878 in 2010 and $218,910 in 2009. New active ownership and basic marketing could provide a great improvement to the existing income stream. The park has been valued based upon a price per space and replacement cost versus a cap rate.

This Snowbird RV park is located between Bullhead City, Laughlin and Needles at 20 miles or less to each city. The park is serviced by a well and sewer septic system.

Rates:
$2,800 to $2,900 Seasonal Prepay
$270 Per Monthly & Seasonal (12 Perms)
$85 Per Week & $17 Per Day

Please do not contact property manager or tenants. All visits must be approved by MHRV Advisors prior to visit.

MHRV Advisors fully cooperates and openly encourages broker and agent participation on all of our listings.

Subject Photo

View Larger Map

Please do not contact property manager or tenants, contact MHRV Advisors before any visit.

THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, EXPENSE, AND ALL OTHER INFORMATION CONTAINED HEREIN.

The information contained herein has either been given to us by the owner or the property or obtained from sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket and other factors which your tax advisor and/or legal counsel should evaluate.

Vince Reynolds

Norman Sangalang

Mobile Home Park Broker Vince Reynolds