$1,850,000
$1,995,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 07/30/2024
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6600400
Sold Date 07/30/24
Maintenance Fees $51,158
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Year Built 1982
Annual Tax Amount $3,589
Tax Year 2023
Lot Dimensions irr
Property Description
RV/Mobil Home Park The National Companies are in the process of building-Starbucks, Black Bear Diner and Flag Motel. The park sits directly across from Dollar Store. Lovely community park.
Pattie's RV and Propane is a multifaceted business and 2.05 acre property right on the main street of quirky Quartzsite Arizona: RV and ATV capitol, home to the Soronah desert and Arizona Peace trails. Over 1 million tourists visit every year, including a large population of snow birds coming from northern America. YES THE CAP RATE IS REAL Propane Business: Pumping anywhere from 130,000 to 200,000 gallons of propane, patties has two lanes, two pumps, 1 large tank and lots of propane bottles/inventory. (2021- 136k gallons, 2022- 185k gallons)
Food Area: A newly vacant fully commercial commissary and restaurant (approx 250 sqft) and outside up front food court area vibes (50 amp hook up)
Commercial Building: (approx 1507 sqft) Divided into three areas The Water Queue, vacant retail and a laundromat.
The Water Queue(1): 750 sqft,beautiful brand new water store on a 5 year commercial lease with increases yearly and 5 year renewal option. Currently paying $1100 a month plus utilities.
Vacant Retail(2): approx 500-650 sqft Currently vacant, formerly a smoothie and coffee store, was rented at $750 a month plus utilities.
Laundromat(3): approx 200-250 sqft all commercial new speedqueens 4 washers, 3 dryers (vending machines included)
Main House: approx 1200 sqft private 2 bedroom one bath home, now being used as managers house/office (has major live/work and air b&b potential)
Apartment A&B: Two studio apartments, more like motel/hotel rooms, previously renting at $500 a month each they are attached the main home but very separate. (major motel income potential plus air b&b)
RV park: 36 trailer units with 50 amps sites, 32 are owned and rented at $400-$550 a month, 4 not owned rented at $250 a month.
**Area Overview of Quartzsite, AZ**
Quartzsite is a small town located in La Paz County, Arizona, USA. Situated in the southwestern part of the state, it is nestled between the cities of Phoenix and Yuma. The town is known for its unique and desert-centric lifestyle, making it a popular destination for winter visitors, snowbirds, and outdoor enthusiasts.
**Geography and Climate:**
Quartzsite is characterized by its arid desert landscape, with the Sonoran Desert stretching across the region. The town's location near the Colorado River contributes to its desert climate, characterized by hot summers and mild winters. Summer temperatures can soar well above 100 degrees Fahrenheit, while winters are relatively mild, making it an attractive spot for those seeking warmer temperatures during the colder months.
**Population:**
As of my last knowledge update in September 2021, Quartzsite's population was around 3,000 residents. However, during the winter season, the population can dramatically increase due to the influx of snowbirds and visitors who come to escape colder climates.
**Tourism and Attractions:**
Quartzsite has gained popularity as a mecca for rock hounds, gem enthusiasts, and RVers. The town hosts one of the largest gem and mineral shows in the world, attracting thousands of visitors annually. The Quartzsite Gem and Mineral Shows take place during January and February and feature numerous vendors selling everything from gemstones and minerals to fossils and jewelry.
Another major attraction in the area is the BLM (Bureau of Land Management) land surrounding Quartzsite. This vast expanse of public land offers ample opportunities for boondocking and camping, making it a favorite spot for RV travelers and desert campers. Outdoor activities such as hiking, off-roading, and stargazing are also popular in this region.
**Community and Events:**
Quartzsite is known for its tight-knit community of year-round residents and winter visitors. Throughout the year, the town hosts various events and festivals, including the Quartzsite Sports, Vacation & RV Show, the Annual QIA PowWow Gem & Mineral Show, and the Tyson Wells Rock & Gem Show. These events bring people from all over the country together to celebrate shared interests and enjoy the desert lifestyle.
**Services and Amenities:**
Despite its small size, Quartzsite offers essential services and amenities to accommodate residents and visitors. There are grocery stores, gas stations, restaurants, RV parks, and other necessary facilities. During the peak winter season, additional vendors and services pop up to cater to the influx of visitors.
**Conclusion:**
Quartzsite, AZ, is a unique and vibrant desert town that attracts visitors with its gem shows, desert camping opportunities, and welcoming community. Its remote location and desert surroundings offer a tranquil escape from city life and draw nature enthusiasts and RV travelers seeking a taste of the desert lifestyle. Whether you're interested in rocks and gems, outdoor activities, or simply want to experience life in the arid Southwest, Quartzsite has something to offer to everyone.
Location
State AZ
County La Paz
Zoning UNKOWN
Interior
Heating Individual
Cooling Individual, Wall/Window Unit(s), Ceiling Fan(s)
Flooring Carpet, Vinyl
Appliance Other (See Remarks)
Exterior
Garage Free, RV/Boat Parking, Assigned, Add'l Parking Avail, <1 Space Per Unit
Community Features Other, See Remarks, Barbecue, General Store, Manager Res/Office
Waterfront No
Roof Type See Remarks
Total Parking Spaces 47
Building
Sewer Public Sewer
Water City Franchise, Master Meter
Schools
School District Bicentennial Union High School District
Others
Senior Community No
Tax ID 306-24-011-G
Acceptable Financing Other (See Remarks), Conventional
Listing Terms Other (See Remarks), Conventional
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Bought with Gerchick Real Estate
GET MORE INFORMATION
Broker | Lic# BR164382000