Commercial Land - For Sale
2450 West Water Street Yuma, AZ 85364
Details & Description
Price: $1,595,000
  • Property Type Land for Sale : Single Family Land
  • Lot Size Acres 5.190
  • Land Sq Ft 226,076
  • Land Price per Sq Ft $7.06
Highlights:Private REO - Seller took Possession of the Property on April 9, 2020!Out-of-State Ownership - Opportunity for Hands-On Ownership!Colorado River Frontage!Easy Access to and from Highway 8 for Visitors,and near Dining, Shopping and Commercial Development!$14,487 Per Space!Potential 12.4 CAP Rate as Family Park ConversionCurrent 5.6 CAP RATECurrent Senior 55 Plus Park!Potential Conversion to Family Park!Description:Recently taken over by the Out-of-State Seller, the property is an opportunity to purchase a well-located property with Colorado River frontage. The property offers the potential upside of the Colorado River (boating, fishing) and offers its existing tenants and visitors an attractive Clubhouse with Kitchen and Restrooms, Park Office, and exterior Game/Gathering Areas. The long-term On-Site manager has proven to be a significant help to the Out-of-State Owner. Included has been the Managers providing necessary management input, monthly Financial Income Reports, and taking care of minor Maintenance at the Property.The Buyer should be aware that the tenancy is comprised of both Permanent and Seasonal tenants.Location:Situated just off of the Arizona,/California border, Hidden Cove RV and Mobile Home Park is located off of Water Street and situated on a 5.19 Acre Lot that directly borders the Colorado River to the North. The Property is located just to the South of the Colorado River. The Location has quick and easy access to HWY 8 with exit off of the 4th Street Offramp. The close proximity to the HWY provided easy access to shopping, dining and commercial development The property location is north of the intersection of 1st Street and 24th Street. The Property rests near a mature residential neighborhood of single-family homes and two public parks (Latino American Park and Joe Henry Park).
Listing Agents
Luis Vazquez

O: 310-704-9109
luis.vazquez@sperrycga.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

2450 West Water Street

Yuma, AZ 85364

Listing ID: 216672
$1,595,000
For Sale
  • Property Type Land for Sale : Single Family Land
  • Lot Size Acres 5.190
  • Land Sq Ft 226,076
  • Land Price per Sq Ft $7.06
  • 2450 West Water Street Yuma, AZ 85364 | for Sale | Photo 1
  • 2450 West Water Street Yuma, AZ 85364 | for Sale | Photo 2
  • 2450 West Water Street Yuma, AZ 85364 | for Sale | Photo 3
2450 West Water Street | for Sale | Thumbnail 1
2450 West Water Street | for Sale | Thumbnail 2
2450 West Water Street | for Sale | Thumbnail 3
Description

Highlights:

Private REO - Seller took Possession of the Property on April 9, 2020!

Out-of-State Ownership - Opportunity for Hands-On Ownership!

Colorado River Frontage!

Easy Access to and from Highway 8 for Visitors,and near Dining, Shopping and Commercial Development!

$14,487 Per Space!

Potential 12.4 CAP Rate as Family Park Conversion

Current 5.6 CAP RATE

Current Senior 55 Plus Park!

Potential Conversion to Family Park!

Description:

Recently taken over by the Out-of-State Seller, the property is an opportunity to purchase a well-located property with Colorado River frontage. The property offers the potential upside of the Colorado River (boating, fishing) and offers its existing tenants and visitors an attractive Clubhouse with Kitchen and Restrooms, Park Office, and exterior Game/Gathering Areas. The long-term On-Site manager has proven to be a significant help to the Out-of-State Owner. Included has been the Managers providing necessary management input, monthly Financial Income Reports, and taking care of minor Maintenance at the Property.

The Buyer should be aware that the tenancy is comprised of both Permanent and Seasonal tenants.

Location:

Situated just off of the Arizona,/California border, Hidden Cove RV and Mobile Home Park is located off of Water Street and situated on a 5.19 Acre Lot that directly borders the Colorado River to the North. The Property is located just to the South of the Colorado River. The Location has quick and easy access to HWY 8 with exit off of the 4th Street Offramp. The close proximity to the HWY provided easy access to shopping, dining and commercial development The property location is north of the intersection of 1st Street and 24th Street. The Property rests near a mature residential neighborhood of single-family homes and two public parks (Latino American Park and Joe Henry Park).

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 

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Yuma Area Market Trends

Listing Demographics for 2450 West Water Street Yuma, AZ 85364

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population7,06250,78985,525
Population Median Age363636
Population by Age0-9 Yrs1273 (18%)7375 (14%)12676 (14%)
10-19 Yrs928 (13%)7724 (15%)12446 (14%)
20-29 Yrs1194 (16%)8512 (16%)14049 (16%)
30-39 Yrs849 (12%)6502 (12%)10659 (12%)
40-49 Yrs522 (7%)5205 (10%)9582 (11%)
50-59 Yrs843 (11%)5306 (10%)8772 (10%)
60-69 Yrs615 (8%)4515 (8%)7821 (9%)
70+ Yrs837 (11%)5650 (11%)9520 (11%)
Median HH Income$27,849$39,835$42,318
Total Household Income< 24K1109 (43%)5818 (31%)9148 (29%)
25-49K790 (31%)5176 (28%)8671 (28%)
50-74K323 (12%)2892 (15%)5075 (16%)
75-99K145 (5%)1932 (10%)3499 (11%)
100-199K150 (5%)2112 (11%)3849 (12%)
200K+18 (0%)319 (1%)629 (2%)
Highest Education LevelNo Diploma1836910913893
Diploma or GED1103819313883
Some College845709912873
Assoc. Degree27329324771
Bachelors Degree16523254946
Higher Degree9617643272
Total Housing Units3,21822,52237,236
--Owner-Occupied1,2199,93617,541
--Renter-Occupied1,3168,31313,330
Owner-Occupied Values< 100K69036685883
100-199K43143177599
200-299K4414202980
300-399K35390788
400-499K05576
500K+1887214
Total Working Age Population5,28638,44265,021
In Work Force2,86722,59838,353
Not In Work Force2,41915,84426,668
Workforce Employed2,41419,93933,607
Workforce Unemployed4482,2763,906
Civlian Workforce2,86322,21437,513
Military Workforce4384840
Total Households2,53518,24930,871
Family Households1,81712,74721,763
Non-Family Households7175,5029,108
Married Couple1,0788,07113,820
Other Family7394,6767,943
Married w/Child4013,5466,007
Single Male w/Child1626741,271
Single Female w/Child2752,0133,359

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Arizona5,130,632+256,392,017+147,286,100+148,284,900
Yuma County160,026+22195,751+18231,800+14263,800
California33,871,648+1037,253,956+940,467,295+843,631,295
Imperial County142,361+23174,528+11193,458+11215,196

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
San Diego International Airport (SAN) 148
Phoenix Sky Harbor International Airport (PHX) 160
Ontario International Airport (ONT) 193
Listing Agent
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