Whispering Palms RV Park

  • Price: $1,800,000

Property Description:

Whispering Palms RV Park is new to the market after decades of ownership and offers to investors a low per-site cost on an 80 site city services RV park in a desirable area and major metro. Nearly 4-acre site with scenic views located off the main artery. The amenity package includes a pool, manager’s home, shuffleboard, gazebo gathering area, and dog park. Other components are a new water distribution system, all 50amp sites, paved roads, and PVC sewer lines. The park is to be seller-financed and the sellers are motivated to get a deal done. At only $22,500 per site, this deal offers an investor an easy turnaround as parks such as Tra-Tel and Miracle RV Park are currently on the market for significantly higher per-site prices yet have fewer amenities (Tra-Tel is on a well and has gravel roads, Miracle has no pool) in comparable locations. An investor can rent this place up in a high-demand snowbird and housing market and do a quick refinance or operate at +10% returns very quickly with snowbird season fast approaching. This deal will NOT last long in this market with the limited amount of quality RV inventory in Tucson. Qualified buyers only, do not disturb manager or tenants.

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