Putters Paradise RV Park

Property Description:

Just a three hour drive from Phoenix this White Mountains RV Resort is ideal for an investor open to a potential cash cow property on a prime site. Open year-round with 90% of rents coming via long-term rentals, Putter’s Paradise RV Park has tremendous upside with owner financing, city services, and attractive seller financing. Quick revenue boosts include billing for water, internet, and cable television for long-term residents as well as park model sales. The park consists of 88 spaces including including one park-owned home and three notes. Amenities include a magnificent two story clubhouse with a manager apartment, pool, pool tables and clubhouse, and laundry facility with restrooms. Park is within walking distance of Snowflake Municipal Golf Course The Petrified Forrest & Painted Desert National Parks are close via car and White Mountain destinations of Show Low and Pinetop-Lakeside are within 30 minutes. The property is more than 50% occupied year-around with vacancy below 15% in the summer months with Phoenicians escaping the heat. 31 spaces are occupied with park models or permanent trailers which will help financing when private loan comes due. All spaces located on city water and sewer and have 50amp submetered electric service. However all irrigation lines connect to private well for extra savings. Included in sale is a 1.5 acre lot which contains dog run however expansion of RV sites not likely. Seller will consider carrying small 2nd for qualified buyer. 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. Local economy consists of agriculture, tourism, and service trades. Median household income in Snowflake is $60,000 and median home cost is $136,000. Local activities include a large LDS Tempe (within walking distance to the park), fishing, and some of the best elk hunting in the continental United States.