Multifamily Property for Sale in Payson, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Payson, AZ 85541

Description

Lazy D Ranch is composed of twenty-two (22) RV Sites, twelve (12) apartments and two (2) billboards with a total of three (3) faces for rent. Built on 1.99 acres with 380 linear feet of Hwy frontage, the irregularly shaped lot is level at street grade, zoned C-2 and has a zone-D flood rating. There are 17.1 units per acre with three common area buildings. The property was built in 1955, 1962, and 1985. There are 52 parking spaces (1.5 per unit) and the common area includes the office (660 SQ') and a laundry facility. This all-age Park is located at 3655 East Hwy 260 in Star Valley, Arizona, near Payson in Gila County. Investment Highlights: • 22 RV/Park Model Sites | 12 Apartments | 2 Billboard w/ 3 Faces • No Park Owned Homes/RV's • City Water & Well-Maintained Septic Sewer

Market Context

This multifamily in Payson, AZ is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in Payson, AZ — <a href="/search/sale/multifamily/arizona/payson">view the full market</a>.

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