*Today’s Market Value & Value w/Market Rents is a theoretical value calculation derived by NOI and CAP rate. It does not take any other property factors into account.
Rice Ranch is the largest RV Park in Quartzsite.34.44 acres with 232-30/50amp and 24-30amp stalls all of which have Town water/sewer hookups. (3) mobile homes on the property.1-2,280sf 4-bed, 2-bath remodeled home.1-1,330sf 3-bed, 2-bath home currently undergoing renovation.Office is an 1,100sf steel bldg w/bath, shower and storage. There is also a 160sf mobile bldg.(4) Bathroom Stalls.2-Leased Billboards.Fastnet Cell Tower.New 1,000’ 12gpm well w/10K Storage.New 1,200’ brick wall w/3-sliding gates.New flat bottomed ditch, renovated berm/water retention basin.$600K Invested in Infrastructure since 2022.Gross Income for 2023-24 was $223,921.After Expenses $102,099.Revenues should be $1m+ Gross -at 70% occupancy.See attached Spreadsheet.Ck out Website & Resv App.
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*Today’s Market Value & Value w/Market Rents is a theoretical value calculation derived by NOI and CAP rate. It does not take any other property factors into account.
Mixed Use
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Multifamily
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