200 S old highway Highway, 188, Tonto Basin, AZ 85553

  • $2,300,000
200 S old highway Highway, 188, Tonto Basin, AZ 85553

Overview

Property ID: HZ6559398
  • 0
  • Bathroom
  • 1995
  • Year Built
  • HZ6559398
  • Property ID

Description

Thirty miles south of Payson, this park has Huge upside. Rents are 60-75% below market rents for the area.
The park includes a two acre vacant lot that is fenced with electronic gate and is ready for RV/Boat storage. The going boat rental for outdoor storage in the area is $50-75 per month. This would add $39,000 of annual income. Further the park includes a vacant commercial unit (approx 1,200 sq ft) that can be rented to a retail vendor or other. Rents for the onsite restaurant are very low and could be raised. Immediate efficiencies made to the park would add immediate value.

  • Address old highway
  • City Tonto Basin
  • State/county Gila
  • Zip/Postal Code 85553

Details

Updated on January 13, 2024 at 12:52 pm
  • Property ID: HZ6559398
  • Price: $2,300,000
  • Bathroom: 0
  • Year Built: 1995
  • Property Status: Multiple Dwellings

Additional details

  • Source System: Arizona Regional Multiple Listing Service (ARMLS)
  • Listing Office: West USA Realty

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