Lakefront Fishing Resort
2677 Trout Road Lakeside, AZ 85929
For Sale
$1,900,000
Resort on Rainbow Lake offering lakefront lodging and on-site boat rentals with fleet conveying with the sale.
Property Size6,388 SF
Price / SF$297.43
Days on Market28
Property Features for 2677 Trout Road
General Information
Standard status
Active
Size
6,388 SF
Property subtype
Commercial
Building Details
Year Built
1985
Listing Agency:
Advantage Realty Professionals
(928) 242-1048
Listed By:
Liz M. Engelhart · License #BR558301000
(928) 242-1048
Source:
Aznewhorizonrealty
Added: Jul 2
Changed: Jul 27
Last Checked: Jul 29 at 12:26PM
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 Advantage Realty Professionals
Investment Insights
Based on property information with market context.
Rainbow’s End Fishing Resort is a lakefront hospitality property directly on Rainbow Lake, offering accommodations and on-site fishing from the property. The resort operates as an on-lake boat rental, with a fleet of pontoon boats, canoes, paddle boats, and kayaks conveyed with the sale, creating an additional revenue stream. The property also includes lakeside recreation amenities such as outdoor fire pits and BBQ areas, along with a volleyball court, horseshoe pits, cornhole, and frisbee golf, set across expansive green spaces.
The resort is located at 2677 Trout Road in Lakeside, Arizona, in the White Mountains area. First established in 1959, the resort’s buildings range from 1959 through 1986, reflecting long-term development of the property’s lodging and guest experience.
This is a for-sale interest identified by APNs 212-25-017A and 019A.
The resort is located at 2677 Trout Road in Lakeside, Arizona, in the White Mountains area. First established in 1959, the resort’s buildings range from 1959 through 1986, reflecting long-term development of the property’s lodging and guest experience.
This is a for-sale interest identified by APNs 212-25-017A and 019A.
Key Highlights
- Rainbow's End Fishing Resort on Rainbow Lake in the White Mountains (APNs 212‑25‑017A & 019A).
- On‑site boat rental operation on the lake is the only on‑lake boat rental business.
- Boat rental fleet conveys with the sale, including pontoon boats, canoes, paddle boats, and kayaks.
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $185.5k | $29.04 |
| − Vacancy | −$51.6k | −$8.07 |
| EGI | $133.9k | $20.97 |
| − OpEx | −$70.3k | −$11.01 |
| NOI | $63.6k | $9.96 |
6,388 SF · lease $29.04/SF/yr · vacancy 27.80% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$908.9K
$795.3K – $1.06M
NOI $63,620 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.74M
$1.52M – $2.03M
NOI $121,514 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Resort - Resort on Rainbow Lake offering lakefront lodging and on-site boat rentals with fleet conveying with the sale.
Where is this resort located?
The property is located at 2677 Trout Road Lakeside, AZ.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Rainbow's End Fishing Resort on Rainbow Lake in the White Mountains (APNs 212‑25‑017A & 019A).; On‑site boat rental operation on the lake is the only on‑lake boat rental business.; Boat rental fleet conveys with the sale, including pontoon boats, canoes, paddle boats, and kayaks.
