$495000 RV Park, Assumable loan, low down in Vancouver, British Columbia for sale

Assumable loan, low down, income property

LA PAZ RV PARK is for sale for $495,000. You can assume $385,000 at 6%


La Paz RV Park
52201 Century
Quartzsite, AZ

Approx 7.47 Acres

79 spaces
1 well approx 750 ft, Storage tank

Large clubhouse approx 2000 sq.ft, two story
Or Owners home, or owners quarters upstairs and clubhouse on first floor
Upstairs rental

Park Office area
Small Recreational room
Storage Shed

2 Laundry facilities


Go to desertsunresorts.com for pictures of La Paz RV park


We use a computer management system. We have internet marketing. We have made extensive improvements: new well pumps, new landscaping, septic repairs, remodel the buildings, new office, and new laundry facilities. The residents enjoy the park and it is their primary home or their second home. They stay for the season and have so many friends that they come back every year and their friends bring in more friends. It is on approx 7 acres with 2 wells and great drinking water. We have owned the park for 9 years.


The town of Quartzsite is expanding and has been a destination for snow birds for 30 years. Quartzsite has a new city hall and police department, new water system with plans for expansion, new roads, RV and mobile home dealers, huge influx of site built homes, new apartments, new retail and restaurants. Quartzsite has over two million visitors and residents during the year. The attraction is the community, the social activities in the parks, and the 100's of shops and the close proximity to the desert, and Colorado River.





LA PAZ RV PARK
PROFORMA STATEMENT
MONTH ENDING 2/14

INCOME

UNITS YEARLY
RENTS
79 Spaces @ $1145 90455
LAUNDRY 2200
VACANCY 5%

TOTAL 88133


EXPENSES
TAXES 2500
MANAGER 6000
INSURANCE 2000
WATER/SEWER 753
GAS/ELECTRIC 2000
GARBAGE 1000
MAINTENANCE/REPAIRS 600
TOTAL EXPENSES 14853

TOTAL NET INCOME 73280


VALUATION 8 CAP 916,000