Information contained herein has been obtained from the owner of the property or from other sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it.

Zane Grey RV Resort4500 Highway 260, Camp Verde, Arizona 86322• $1,700,000 sales price

• 15 year fixed 5% interest rate seller financing

• 9.2% cap rate, 15.6% total return

• Great amenities and beautiful treed Creekside setting

• Full hookups including cable at each site

• 71 huge sites and permits allow for more sites on 24 acre parcel

• Recently remodeled office, clubhouse, and bathroom facilities

• Great return and upside, 2016 numbers showing better than 2015

For Further Information Contact:

John Sheedy – Associate Broker

Cell: 602.821.4666

Fax: 480.717.6955

jsheedy@parkbrokerage.com

Beautiful RV Resort Near Sedona & Wine Country On a Flowing Creek

RV Resort with Near Sedona – Seller Financing!!!

Zane Grey RV Resort

Down Payment

$680,000

Sales Price

$1,700,000

Property Information and Description:Located approximately 30 minutes from Sedona in a lush river valley with access to a running creek Zane Grey RV Resort is a beautiful snowbird resort that also attracts summer guests due to cooler

temperatures and hundreds of shade trees. The Verde Valley is a nature lover’s paradise with birdwatching, hiking, ATV riding, horseback riding, and wine tasting all within seconds of this park. All 71 sites have picnic tables as well as fences and trees for privacy and shade. All sites also have 50amp service, full hook ups, and cable. There are 14 pull through sites. The park is not designated 55+ but children are not allowed per management. There is also a six month maximum stay implemented by owners however they have received much interest in park models and have a permit to allow 10 in the park. There are common area bathroom/shower facilities, a dog run, outdoor gathering area

including barbecue, and an indoor clubhouse. The office was just recently remodeled as well and all of these are located in a beautiful area on a running creek. This park will always show well especially in the fall as the leaves change. The sellers who built the park are retiring and prefer seller financing

to an experienced operator.

PLEASE BE DISCREET WHEN VISITING THE PARK. THE MANAGEMENT AND GUESTS ARE NOT AWARE PARK IS FOR SALE.

County

YavapaiState

Arizona

Estimated Vacancy & Expense

N/A

Age

1995

Loan

Seller Financing

Total Parcel Size

24 Acres

No. Spaces

71

Water

Well

Sewer

Septic

Price Per Site: $23,943

Address/City

4500 Hwy 260, Camp Verde

Capitalization Rate

9.2%

Cash on Cash

13.4%

Total Return

15.6%

LOAN INFORMATION:Seller will carry a $1,020,000 note and deed of trust with a $680,000 down payment at 5% over 15 years. Payments to be based on a 30 year amortization and seller will require de-escalating pre-payment penalty.

NET INCOME $156,700

TOTAL ANNUAL PRINCIPAL PAYMENT $65,706

ESTIMATED ANNUAL PRE-TAX $90,994CASH FLOW (No POH/Inc. Rentals)

PLUS PRINCIPAL REDUCTION YEAR 1 $15,049

TOTAL RETURN $101,309

Seller has put in 10 new sites, new berm, and renovated office and store over last 24 months and is a general contractor who runs some personal projects through park R&M pro forma indicates $300/mo per space cost

Seller raised rents and increased advertising in 2015

Services include trash, water testing, credit card processing and landscaping

NOI used for valuation. Pro

forma indicates 57% expense ratio