Pima Swan RV Park

Property Description:

Located in central Tucson near all major employers in an infill location Pima Swan offers an investor a great return on an RV park that runs like a mobile home park. Every tenant resides in the park on a permanent basis so no transient income like many RV parks. The rents are below market and have not been raised in 5+ years. See below for rental comparison. The park has paved roads (recently resealed), laundry facility, top-notch landscaping and city utilities. Broker recommends bringing rents to market level as well as eventually passing through water costs to permanent residents. The park has 9 permanent park models/trailers and has potential as a tiny home community. Current owner rarely comes to the park and it has a manager currently in place so as turnkey as it gets. Owner bought the park in 2008 for $850,000 and lack of rental increases has allowed park to remain at a similar sales price. Current solid return for an investor along with big upside and potential land play down the road with commercial opportunities.