5220 Hwy 95
Parker,
AZ
85344
Property Details
List Price: |
$28,900,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
24039 |
Agency: |
Selman and Associates Parker |
Description/Comments
Lot Size: |
45 acre(s) |
Property Type: |
Commercial |
Year Built: |
1950 |
Notes: |
INVESTOR OPPORTUNITY OF A LIFETIME: <br />
AZ's Finest Real Estate Awaits! Castle Rock Shores, an extraordinary property now available for investors seeking unparalleled potential. Located on 46 deeded acres, this pristine gem showcases a remarkable 2,500' of shoreline along the prestigious Parker Strip. Features include, a marina, 2 launch ramps, 3-par golf course, clubhouse & a river bar/restaurant. The resort encompasses expansive open storage spaces & a thriving RV park.<br />
This hidden oasis is a revenue-generating powerhouse for over 50 years bringing in over $1m annually(operating at 50% potential)<br />
Groundwork has been laid for 2 potential redevelopments with essential infrastructure in place & key permits secured. This would include 40 riverfront lots. Recent sales data reflects the immense value with the last 6 riverfront lots commanding an average price of over $1m per lot. Buyers are actively demolishing existing homes to build on the river front. The new plot allows for 471 sites. <br />
Whether you want to preserve the RV/manufactured home park, build luxury homes, embrace senior living or a 5 star Resort, seize a once-in-a-lifetime opportunity to invest in the crown jewel of AZ! |
MlsNumber: |
1028219 |
Estimate Your Monthly Payment
Listing Provided By: |
Selman and Associates Parker, original listing |
Name: |
Selman and Associates Parker |
Phone: |
(928) 855-5555 |
Office Name: |
Selman and Associates Parker |
Office Phone: |
(928) 855-5555 |
Agent Name: |
Laynee Sholl |
Disclaimer: |
Copyright © 2024 Lake Havasu Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |