• 9.09% cap rate• 14.2% Cash on Cash, 20% Total Return• 23 Park models and 15 Permanent Trailers• Large Sites, all with full hookups and 50amp• 20% Extended Stay• New Chip Sealed Streets, Clubhouse Renovation and Entry Wall• Well/Septic Recently Certified• Motivated Seller!!!

Information contained herein has been obtained from the owner of the property or from other sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it.

Southern Mesa RV Park18540 S Avenue 3E

Yuma, AZ 85365SALES PRICE - $1,700,000

For Further Information Contact:John Sheedy – Vice PresidentCell: 602.821.4666Fax: 480.717.6955jsheedy@parkbrokerage.com

For Sale!!!164 Space 55+ Snowbird RV Park

Under $12,000 Per Site

SOUTHERN MESA

170 Space with Storage RV Park for Sale!

Southern Mesa RV Park

Sales Price$1,700,000

Down Payment$425,000

Property Information:Located in the snowbird destination of Yuma Southern Mesa is a 170 space RV park being sold for below replacement cost with huge upside. The park was bought in a distressed state in early 2014 and the buyer has spent an excess of $100,000 renovating the clubhouse and pool and chip sealing the streets which has brought in more tenants however still below comparable parks in occupancy. Broker estimates that with occupancies at 90% for prime winter months (January – March), 65% for holiday and spring months (November, December, April) and normal slow traffic for rest of year total revenues should exceed $300,000 annually with current rents. Only other nearby park is Del Pueblo

which is a 4-5* with expensive amenities park yet has nearly double the rent so Southern Mesa offers a nice affordable option for snowbirds. Park amenities include pool, spa, clubhouse, putting green, horseshoe pits, and large sites with pads. Each site has 50amp service and full hookups. The park is

on a well and septic system and both have been maintained and seller can provide reports for buyers. Monthly sites are $399 in the winter and annual rates are $1795. Management is in place and the

owner comes to the park only about twice a year. Big upside for a hands on owner to take this park to the next level. Other upside includes adding more park models and increasing advertising to attract

snowbirds with big rigs in need of larger sites and more space.

County

YumaState

Arizona

Expense Ratio

53.4.%

Age

1985

Loan

New Loan

Total Parcel Size

9.5 acres

Permanent Occupancy

20%

Water

Well

Sewer

Septic

Address/City

18540 Avenue S Avenue 3E, Yuma

Cap Rate/Cash on Cash Return

9.0%/14.3%

Electrical Service

All 50 AMP Sites

RV Spaces

170 (164 RV + 5 Overflow + Storage)

Loan Information (FOR SOUTHERN MESA ONLY) :Banks asking for 25% down payment or $437,500. Loan to be $1,312,500 at 5.5% with a ten year term amortized over 25 years. Monthly payments to be $7,829 or $93,948 annually

NET INCOME $154,575TOTAL ANNUAL PRINCIPAL PAYMENT $93,948ESTIMATED ANNUAL PRE-TAX INCOME $60,627PRINCIPAL REDUCTION YEAR 1 $24,441TOTAL RETURN $85.068

CASH ON CASH - 14.2% TOTAL RETURN – 20%

SOUTHERN MESA