SILVER VIEW RV RESORT IS CURRENTLY THE SUBJECT OF A PENDING CHAPTER 11 PROCEEDING IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF ARIZONA. SUBJECT TO COURT APPROVAL, THE RESORT WILL BE SOLD FREE AND CLEAR OF ALL LIENS, CLAIMS, AND ENCUMBRANCES INCLUDING, WITHOUT LIMITATION, ALL VENDOR AND TRADE CLAIMS. FURTHER, IT IS ANTICIPATED THAT ALL CLAIMS AGAINST SILVER VIEW RV RESORT WILL BE PAID IN FULL FROM SALE PROCEEDS.

Once the PSA is finally executed, we will file a motion seeking approval of the sale pursuant to Section 363 of the bankruptcy code. Sometimes this process opens up a bidding process where the PSA would act as the opening offer and formal competitive bidding follows, sometimes not.

It’s NOT our intention to have a formal bidding process. Essentially, we will simply ask that the sale be approved to our identified buyer for the agreed price. We would prefer that during this time, you entertain discussions and disclosures with any interested buyers and accept back up offers in the event a sale falls through.

The Investment Opportunity is comprised of approximately 33.22+‐ contiguous acres with 267 operational spaces and another 185 fully zoned and permitted spaces to be developed. Totaling 450 spaces. There is also an onsite Mini‐Market/Deli that services the Park and is opened to the public.
Silver View RV Resort – 267 operational spaces on approximately 33.22+‐ acres
RV Resort Expansion Piece – Zoned permitted engineered for 185 spaces on 10.30 +‐ acres Mini‐Market/Deli – Full service Market and Deli
Silver View RV Resort is a 267 space all age community located in Bullhead City, Arizona. The Park was built in 2002 and sits on approximately 33.22+‐ acres. The Park consists of RV and Park Model sites ranging from 30’ X 60’‐72’, while the 64 bluff sites with river views are 28.5’ X 70’‐100’. There are land lease options available. The Park has 45 pull thru sites. The community offers Daily, Weekly, Monthly and Annual rates. The Park is master metered for Electric with submeters installed for a bill back program for monthly, seasonal and annual tenants. The sites offer 30/50 AMP electrical service to pedestal units. Water, Sewer and Trash are included with rent and paid by owner. Silver View is on well water which is supplemented with an 86,200 gallon water tank and has a back up system connected to city water service with 2 inch lines. The Park has municipal sewer service through the City of Bullhead. There are three park owned homes. There are currently no homes under contract for sale. There are two laundry facilities. The east club house laundry facility (gas) offers 11 Washers/14 Dryers. The west clubhouse laundry facility (electric) has 7 Washers/8 Dryers with additional fully functionable hookups for 3 more Washers and 4 more Dryers. All laundry equipment is Park owned. The Park also has an 800 sq.ft. 1 Bedroom/1 Bathroom Owner’s/Manager apartment with a private deck. Silver View has an RV/Boat Storage area that can accommodate approximately 55 units. The Clubhouses offer billiards, library, fitness room, restrooms and showers. The community has a pool, spa, dog run and walking trails. Silver View is fully paved, has onsite management and is a Good Sam Coast to Coast Park.
The RV Resort Expansion Piece is the contiguous undeveloped land that is approximately 10.30 +‐ acres. All is engineered for 185 more space and roads on two sides. The piece is zoned, engineered and approved by ADEQ for 185 spaces. All 450 spaces are approved for RV/Park Model units up to 625 square feet. All utilities are located in close proximity and ready for expansion.
The Silver View Mini‐Market and Deli. The Deli is open 7 days a week and offers breakfast, lunch and dinner. They also provide “Room Service” delivery to the Resort’s tenants. The Market offers tobacco products, soda, and household/toiletry items, a “full‐service Market”. The Deli and Market is open to the general public, makes food for the employees & first class passengers of the Sun County Airline and is able to accept EBT.