512-637-1219
2052 W Main St, Mesa, AZ for Sale
Specialty - FOR SALE
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2052 W Main St
Mesa, AZ 85201


OVERVIEW

Opportunity to purchase a high-quality RV park with 69-sites on 2.3 acres on public utilities ideally located in one of the largest and fastest growing markets in Arizona. – The park maintains high occupancy and growing cash flows due to a diversified tenant mix with approximately 50% of the tenants considered longer-term residents paying 12 months at a time or longer. Annual revenue from these longer-term tenants has grown substantially over the past few years, increasing by 131% from 2022 to 2023 and 12% from 2023 to 2024. The other 50% of the sites are used as transient rentals. There is an opportunity for a new Owner to grow the percentage of longer-term residents. – Value-add opportunity to raise rates for all tenants in a landlord friendly state. The current Owner plans to raise monthly long-term residents’ rents by $39 in October 2025, which would add over $15K of annual site rental revenue for the next Owner. Additionally, there appears to be room to raise the daily/weekly/monthly rates for the transient tenants. – RV Customers are offered a variety of back-in and pull-through sites with water/sewer/electric hookups. The RV Sites are a mixture of 30 and 50 amp connections. The resort features an extensive amenity package including Wi-Fi, a laundromat, hot tub, restrooms and showers, swimming pool, fitness center, cable hookups, and mail services. – Current ownership has spent approximately $120,000 in upgrades at the property, providing a turn-key operation for the next operator. Major improvements include bathroom remodel, roof replacement, WIFI upgrades, pool upgrades, and more (please see the Capex schedule in the online Virtual Deal Room for more details). – Strong demographics in the area: within a 15-mile radius of the community, the average household incomes and housing values are $123,140 and $576,272, respectively. Winter Arizonian business continues to soar in this region. Mesa and surrounding areas are hot spots for snowbirds and tourists. The region’s mild climate and beautiful scenery attract visitors from across the nation year after year.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Green Acres RV Resort

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,752 SF

ZONING

C-3/R-4, Mesa

APN/PARCEL ID

135-47-007A,135-47-008A,135-47-009A,135-47-044,135-47-045,135-47-046,135-47-047,135-47-048,135-47-049,135-47-050,135-47-051A,135-47-052A,135-47-053

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Andrew ShihARA NewmarkMore Info
512-637-1219

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Andrew ShihARA NewmarkMore Info
512-637-1219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.