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River's Edge RV Park - for Sale in Sparks, Nevada

1405 South Rock Boulevard
Sparks, NV 89431
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Sale Price: $3,390,000
Photo of Manufactured Home Community
Photo of Manufactured Home Community

Broker Information

Don Beckman
Storz Realty and Management company
www.storzco.com

Mobile Home Park for Sale

Size: 8.5 acre(s)
Cap Rate: 7.8%
Purchase Method: New Loan
Status: Active
Property ID: 101758
Posted on: Jul 20, 2011
Updated on: Aug 01, 2011
Price: $3,390,000

Property Description

River's Edge is a 164 space RV Park located in Sparks, Nevada with about 85-90 "extended stays". The park is on city services and includes a clubhouse, swimming pool, restrooms and laundry.

Location Description

River's Edge is located in downtown Sparks with easy access to several casino. The sounds of the cascading water of the adjacent Truckee River creates a country ambiance for this urban RV park.

Park Information

Size:8.5 acre(s)

Financial Information

Gross Income$553
Operating Expense$282
Net Operating Income$271
Expense Ratio 51.0%
Debt Info

RV Information

Number of RV Lots:164

Utility Information

Water:City
Sewer:City

Amenities and Other

Laundromat: Yes
Pool: Yes
Club House: Yes
Storage: Yes