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57560 North AZ Highway 188

Jakes Corner AZ 85541

45
Multi-Family
Currently for sale - view listing

Overview

45-unit RV site that has wide mix use ranging from RV spaces at 6.4% cap rate. Single wide & Double Wide Trailers, an office, and coin laundry facility in place. 2 parcels included which is 5.5 acres! There are tenants that have been there for several yrs, even up to 10+. The park is an ideal investment for those looking to capitalize on the booming RV industry and scale the business to your liking. Currently operated as Jake's RV, this versatile property features 30-amp electrical hookups, sewer and water hookups, and trash service, making it ready for immediate use or further development. The site offers easy access via dirt and gravel roads, with pet-friendly amenities facilities for guests. Situated on a high-traffic highway, this property provides outstanding visibility and growth potential. Perfect for expanding an existing RV park or creating a new venture, this location is close to outdoor recreational activities and scenic attractions of Payson. The park also has a manager on site that helps maintain and run the operations, with the hope to stay in place long term. Makes it turnkey ready for you. The park is currently 86.7% occupied and part of that is because there are 6 spaces used for nightly rentals. The tenants have walking distance access to the popular Jakes Restaurant and Bar. The business is comprised of daily night rentals and longer terms rentals. Don't miss out on this rare opportunity to own a well-equipped and strategic RV business site with significant investment potential with additional room to add tiny homes, more RV spots and more.

Features

45 carspaces
45 open car spaces
Multi-Family

Property history for 57560 North AZ Highway 188

2022
Sold
Undisclosed
17 Nov 2022

Happy sellers in Jakes Corner

89%
89% of sellers in Jakes Corner reported that their sale price either exceeded or met their price expectations.

Jakes Corner stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Jakes Corner over the last 12 months.

Local market activity for multi families in Jakes Corner

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