53874 Us-60 Salome, AZ 85348
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 53874 Us-60
- Property type
- Specialty properties
- Property subtype
- Mobile home & RV parks
Description
This exceptional investment opportunity presents a thriving 23-acre RV park and resort located in Salome, Arizona, along the busy US-60 highway. The property boasts 18 RV spaces, including 17 full hook-up sites and one electric-only site, ensuring ample capacity for guests. Existing amenities include a sizable community building perfect for gatherings, a rentable cabin generating additional income streams, a convenient dump station, and laundry facilities for guest convenience. The park's infrastructure is robust, featuring a 400+ foot fresh water well with two 12,000-gallon storage tanks and a substantial 3,150-gallon septic tank. Financial performance is strong, with a Net Operating Income (NOI) of $65,903 and a compelling 16.48% capitalization rate. The property is zoned for RV park use (APN: 305-17-013) and offers significant potential for expansion given its size and location. Seller financing is available with a 50% down payment, making this a highly attractive proposition for investors seeking a value-add opportunity in a desirable location. The property is situated at 53874 US-60, Salome, AZ 85348.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salome
- County
- La Paz
- State
- Arizona
- Longitude
- -113.821
- Latitude
- 33.7065
