Description

This high-quality 137-site RV resort located in Las Vegas, Nevada presents a compelling investment opportunity in a high-demand, low-supply market. The property is available individually or as part of a larger ±372-site portfolio, which includes the Desert Sands RV Park in Henderson, NV (1940 N. Boulder Hwy). The community is served by city water and sewer, with sub-metered electricity, while water, sewer, and trash are included in the rent. With average monthly rents of $725 plus electricity, the park offers both daily and weekly rates, but is predominantly occupied by monthly and long-term tenants, ensuring stable, recurring income. The property is well-maintained and professionally managed, featuring gated ingress/egress, paved roads, a pool and hot tub, laundry facilities, restrooms, and an office/clubhouse. With strong year-over-year income growth and a projected gross income of approximately $908,000, the investment has been underwritten with an estimated 44% expense ratio, supporting healthy operational margins. This offering is ideally suited for investors seeking a stabilized, income-producing asset in a rapidly growing market with limited available inventory.