Putters Paradise RV Park

Property Description:

Just a three-hour drive from Phoenix this White Mountains RV Resort is ideal for an investor looking for stable returns on a large site with a solid amenity core. Open year-round with 90% of rents coming via long-term rentals. Quick revenue boosts include billing for water, internet, and cable television for long-term residents as well as park model sales. Amenities include a magnificent two-story clubhouse with a manager apartment, pool, pool tables and clubhouse, theater area, and laundry facility with restrooms. Park is within walking distance of Snowflake Municipal Golf Course.

The property is over 95% occupied year-around and 40 spaces are occupied with park models or permanent trailers which will help financing in these turbulent capital markets. No owners of this property have ever tried 3rd party park model sales which the broker thinks would All spaces are located on city water and sewer and have 50amp submetered electric service however all irrigation lines connect to a private well for extra savings. Included in the sale is a 1.5-acre lot which contains a dog run and garden however expansion of RV sites is not feasible. The community is located in an opportunity zone.

Snowflake is a northern Arizona town included in the Show Low-Pinetop statistical area which has a permanent population of 107,000 which balloons in the summer months. The local economy consists of agriculture, tourism, and service trades. The median household income in Snowflake is $60,000 and the median home cost is $323,680. Local activities include a large LDS Temple (within walking distance to the park), fishing, a golf course right across the street, and some of the best elk hunting in the world.