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28100 Pierce Fry Rd Meadview, AZ 86444-1813

OFF-MARKET Mobile home & RV parks Google Maps
832 SF 7.47 ac lot Built 1997
Individually Owned 19-yr Hold ~ Est. High Equity
Estimated value
No estimation on file for this property yet.
Property ID US07-2552705

Property summary

AI-generated overview

This thriving Arizona business, Meadview RV Park and Cozy Cabins, presents a unique investment opportunity. Priced at $1,300,000 with a 4.23% cap rate and a strong $55,000 NOI, this established park boasts 32 units with 100% occupancy. Situated on a 7.47-acre lot in Mohave County (APN 343-19-251C), the property includes five buildings constructed in 1996 and renovated in 2002, offering a mix of RV spaces and cozy cabins. The park features 32 parking spaces, a convenient store/office housed in a 1987 manufactured home, and ample storage options including four 5x9 storage units, two 20-foot containers, and a 30x30 covered storage area. Additional income streams are generated from coin-operated laundry facilities, propane sales, and an ATM. The property is equipped with a private well and two 3000-gallon septic tanks, and public restrooms with showers, including one handicap-accessible unit. Approved plans for Phase III expansion are in place, adding 14 more RV spaces with existing power and water infrastructure. The property is zoned C3 and operates under a Certificate of Occupancy (COE). This turnkey operation offers significant potential for increased revenue through the existing income-generating amenities and the planned expansion.

Property profile

Verified
Property type Mobile home & RV parks
Use group CAMPGROUND, RV PARK
Year built 1997
Construction STEEL FRAME
Total area 832 SF
Lot 7.47 ac (325,393 SF)
APN 343-19-251C
UPID US07-2552705

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Campground & RV Park

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2007
4 recorded transactions
2021
Price N/A
2007
$400,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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