1151 Riverfront Drive,Bullhead City,Mohave,CommercialSale

Description

Over 1.5 acres of PRIME riverfront property with ~190 ft. of shoreline!!! Zoned for multi-family, so the opportunities are endless. Currently used as an income producing RV Park with 30 spaces and 3 docks. Tenants pay all utilities except water, and own the RV/mobile home that they stay in. This means tenants are responsible for maintaining their own units, and the park owner has very low operating costs. All tenants have been informed that rents will increase to $600-$700 per month starting April 1, 2023. The new owners could keep it as an RV park, or build a riverfront apartment complex, condos, tiny homes, etc. Perfect property for an investor to have steady monthly income, or a creative investor to build out a brand new income producing business on the river.