RV Park With Storage
New
For Sale
$187,000
3493 Heights Blvd #54, Lake Havasu City, AZ 86404
The property combines individual utility service with on-site recreation and convenience amenities.
Property Size2,000 SF
Price / SF$93.50
Days on Market6
Property Features for 3493 Heights Blvd #54
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Commercial
Site & Location
Outdoor Storage
Yes
Utilities to Site
Yes
Amenities
pool and spa
restrooms and showers
golf driving range
pickleball
basketball court
kids' park
dog exercise area
general store
propane/fuel station
Building Details
Year Built
2020
Listing Agency:
eXp Realty
Listed By:
Apx Real Estate Group · License #drteam
(928) 298-3656
Source:
Searchhomesinhavasu
Added: Sep 1
Last Checked: Sep 5 at 4:14AM
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.
Built in 2020, this RV park includes individually serviced sites measuring 75' x 75', with full utility hookups and dedicated sewer connections. Each site is paired with a 20' x 50' RV building on a 5' 3,000 PSI concrete pad. The enclosed structure features 6' R-19 insulation, a 16' x 14' insulated steel overhead door with electric operator, LED lighting, 65' ceiling fans, and a 3-ton mini-split system for heating and cooling. An attached 20' x 50' covered RV port and an exterior 50-amp plug add outdoor utility space.
On-site amenities include a pool and spa, restrooms, showers, golf driving range, pickleball and basketball courts, a children's park, dog exercise area, general store, and propane and fuel station. Optional interior additions are available for further customization.
On-site amenities include a pool and spa, restrooms, showers, golf driving range, pickleball and basketball courts, a children's park, dog exercise area, general store, and propane and fuel station. Optional interior additions are available for further customization.
Key Highlights
- 75' x 75' RV sites with full utility hookups and dedicated sewer provisions
- 20' x 50' RV buildings on 5' 3,000 PSI concrete pads
- 16' x 14' insulated steel overhead doors with electric operators
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,927
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$278,540
$278.5K
Cap Rate 7%
$198,957
$199.0K
Cap Rate 9%
$154,744
$154.7K
Market Conditions
NOI Build-Up for 2,000 SF
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.
Gross rent
$26.9K $13.44/SF
− Vacancy
−$1.6K −$0.78/SF
EGI
$25.3K $12.66/SF
− OpEx
−$11.4K −$5.70/SF
NOI
$13.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$278,540
Cap Rate 7%
$198,957
Cap Rate 9%
$154,744
Alternative Uses
Best Use
Warehouse
$277.3K
$242.6K – $323.5K
NOI $19,410 @ 7.0% cap · market cap 10.38%
Second Best
Self Storage
$265.0K
$231.8K – $309.1K
NOI $18,547 @ 7.0% cap · market cap 9.92%
Theoretical Best
Office A
$446.5K
$390.7K – $521.0K
NOI $31,258 @ 7.0% cap · market cap 16.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - The property combines individual utility service with on-site recreation and convenience amenities.
Where is this mobile home & rv park located?
The property is located at 3493 Heights Blvd #54 Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $187,000.
What are key features of this property?
This property features: 75' x 75' RV sites with full utility hookups and dedicated sewer provisions; 20' x 50' RV buildings on 5' 3,000 PSI concrete pads; 16' x 14' insulated steel overhead doors with electric operators
