Description
The Lazy D Ranch, located at 3655 East Hwy 260 in Star Valley, Arizona (near Payson in Gila County), is a versatile income-generating property now available for sale. Spanning 1.99 acres with 380 feet of Highway 260 frontage, the property features 22 RV sites, 12 apartments, and two billboards with a total of three rentable faces. Zoned C-2 with a zone-D flood rating, the irregularly shaped but level lot offers a density of 17.1 units per acre and includes three common area buildings. Originally developed in phases in 1955, 1962, and 1985, the property provides 52 parking spaces (approximately 1.5 per unit) and shared amenities such as a 660 sq. ft. office and a laundry facility. This all-age park presents a strong investment opportunity with mixed-use potential in a desirable and accessible location.
Listing Details
- Cap Rate
6.27%
- Tenancy
Multi
- Space Type
multifamily
- Sub Category
rv-park
- Date Listed
7/14/2025
- Ownership Info
Fee Simple
- Broker/Agent Co-op
Yes
- Investment Type
Value Add
- Net Operating Income
$144,117
- Parking Info
52 spaces
Property Specifics
- Property Name
Lazy D Ranch RV Park & Apartments
- Property Class
C
- No of Buildings
3
- No of Units
34
- Year Built
1962
- Lot Size
1.99 AC
- Year Renovated
2022
- APN
302-55-004E
- Zoning
Flood D
- Occupancy
95%

