Properties
Southern Mesa RV Park
Price: $2,350,000
Cap Rate: 7.900
Units: 164
Yuma, Arizona
Southern Mesa RV Park is a 164 space RV park on 9.4 acres nestled in a quiet countryside setting, just 11 miles from downtown Yuma and only 25 miles from the Mexican shopping village of Algondones. The park is priced at a 7.9% cap rate at a price per space of $14,239.00. Upon entering the park you will be welcomed by a beautiful pond that features an elaborate fountain. The park has a pool with Jacuzzi, full bathrooms with showers and a clubhouse with a full kitchen and plenty of open space for dining. In addition, the clubhouse has pool tables and a separate room for card playing. Southern Mesa also supplies free wi-fi for all the tenants. The park during the winter months will have occupancy of about 90-100%. The Southern Mesa RV park has recently went through an electrical upgrade with half of the park offering a 50-100 amp service.
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