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MHRV ADVISORS: This is an incredible opportunity to acquire a riverfront mobile home and RV park on the famous Parker Strip.  The park consist of 205 MH spaces and 115 RV spaces. Amenities include a clubhouse and pool for winter and summer visitors, docks & boat launch, beach areas as well as a stocked store, gas dock on the river, bar and grill and wading pools. The park produces additional income from several acres of secured RV and boat storage and 5 enclosed storage units. MH spaces rent from $440 to $579. Electric is sub-metered to all MH residents, all other utilities are included in the rent. The winter RV rents are $395 month+ electric, $195 weekly and $35 daily.   Summer riverfront RV rates are $59 daily (no weekly or monthly rates), off River sites are slightly less.

The park is on a favorable 28 year BLM ground lease that was renewed Jan 1 1994 and will renew again on Dec 31, 2022, there are 12 years remaining.  The lease renews in perpetuity. Lease payments are 4% max of the total gross income (3.2% average) based upon tiered benchmarks. A copy of the lease will be provided upon request.

The 17 mile Parker Strip on the river (park is 3% of the strip) offers a year round attraction with winter snowbirds seeking 75 degree winters and lots of sunshine.  Once it starts getting too warm and they begin heading home. Water sports enthusiast from Southern California, Arizona and Nevada head to Parker

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.