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RV Park Unit with Awning
For Sale
$219,900

3493 E Heights Blvd #88, Lake Havasu City, AZ 86404

Model-unit upgrades, private outdoor entertaining space, and nearby recreation support convenient seasonal or year-round use.

Property Size1,750 SF
Price / SF$125.66
Days on Market80

Property Features for 3493 E Heights Blvd #88

General Information

Standard status Active
Size 1,750 SF
Property subtype Commercial

Additional Details

Furnished Yes
Multifamily Units 1

Amenities

pool
spa
pickleball courts
basketball court
covered playground
dog park
driving range
horseshoe pit
on-site convenience store
fuel station
community bathrooms
RV hookups
15' side awning

Building Details

Year Built 2021
Listing Agency: eXp Realty
Listed By: Team Rdp · License #trdp
Source: Havasuazliving
Added: Jul 20 Changed: Sep 11 Last Checked: Oct 7 at 9:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

Unit 88 is a 2021 RV park accommodation at Riverbound, positioned near the community pool, spa, pickleball courts, basketball court, covered playground, dog park, driving range, and horseshoe pit. The interior includes finished metal walls, epoxy flooring, built-in cabinetry, toolboxes, mini-split A/C, ceiling fans, a refrigerator, kegerator, television with sound bar, and patio furniture.

A 15-foot side awning extends the outdoor area, while full RV hookups accommodate a coach. Community services include a convenience store, fuel station, and shared bathrooms. The property is located at 3493 E Heights Blvd #88 in Lake Havasu City, Arizona.

Key Highlights

  • 2021‑built Unit 88 at Riverbound
  • 15' side awning with full RV hookups
  • Finished metal interior walls and epoxy floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,186
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,720 $243.7K
Cap Rate 7%
$174,086 $174.1K
Cap Rate 9%
$135,400 $135.4K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$23.5K $13.44/SF
− Vacancy
−$1.4K −$0.78/SF
EGI
$22.2K $12.66/SF
− OpEx
−$10.0K −$5.70/SF
NOI
$12.2K $6.96/SF
Area
Mohave County, AZ
Vacancy
5.80%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,720
Cap Rate 7%
$174,086
Cap Rate 9%
$135,400

Alternative Uses

Best Use
Apartment 5plus
$174.1K
$152.3K – $203.1K (±1% cap)
NOI $12,186 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.7K
$341.9K – $455.8K (±1% cap)
NOI $27,350 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

RxRV LLC Auto Repair Shop Riverbound Rv Park Gas Station Riverbound Custom Storage ... Campground & RV Park Advance Electric Electrical Service

Suggested Use

Top Pick Electrical Service Storage Facility Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 86404, AZ

18,312
Population
11,503
Households
1.6
Avg Household Size
59
Median Age
19%
College-Educated
93%
High-School Grad
161.8 sq mi
ZIP Area
113
Density / Sq Mi
$67,528
Median Household Income
$37,160
Median Earnings
$1,352
Median Rent
$421,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Model-unit upgrades, private outdoor entertaining space, and nearby recreation support convenient seasonal or year-round use.
Where is this mobile home & rv park located?
The property is located at 3493 E Heights Blvd #88 Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 2021‑built Unit 88 at Riverbound; 15' side awning with full RV hookups; Finished metal interior walls and epoxy floors
More about this property
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