Address
455 E MAIN Street, Quartzsite, AZ
Price
$ 1,995,000
Property Attributes
- MLS#6600400
- TypePending
- CountyLA PAZ
- CityQuartzsite
- Zip85346
- StyleMultiple Dwellings
- Year Built1982
- Taxes$ 3589
- Price$ 1,995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Arizona Regional MLS (ARMLSN)
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.
| Price History | |
|---|---|
| 9/2/2023 | Listed $2,950,000 |
| 10/18/2023 | 23% - $2,295,000 |
| 1/23/2024 | 5% - $2,195,000 |
| 2/1/2024 | 10% - $1,995,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Individual |
| Cooling | Individual,Wall/Window Unit(s),Ceiling Fan(s) |
| Roof | See Remarks |
| Zoning | UNKOWN |
| Construction Materials | Stucco,Block,Frame - Wood |
| Year Built | 1982 |
| Electric | Other (See Remarks),Master Meter |
| Tenant Pays | Cable TV,Landscaping |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 868438.09 |
| OwnerPays | See Remarks,Gas,Electricity,Trash Collection,Water,Sewer,Landscaping |
| Community Features | Other,See Remarks,Barbecue,General Store,Manager Res/Office |
| County | La Paz |
| Net Operating Income | 374722.0 |
| Operating Expense | 514187.0 |
| Insurance Expense | 4046.0 |
| Property Type | Multiple Dwellings |
| Attached Garage | No |
| MaintenanceExpense | 51158.0 |
| Garage Y/N | No |
| Status | Pending |
| City | Quartzsite |
| Buyer Agent Compensation | 3.00 |
| Disclosures | Seller Prop Disc Stm,APOD/Backup Avaible,Sch of Personal Prop |
| View Y/N | No |
| High School District | Bicentennial Union High School District |
| Open Parking Spaces | 47.0 |
| Total Units | 43 |
| Lot Size Square Feet | 0.0 |
| Carport Y/N | No |
| Street Name | MAIN |
| Tax Annual Amount | 3589.0 |
| Electric Expense | 35600.0 |
| Water Sewer Expense | 16653.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 184 |
| Standard Status | Pending |
| Elementary School District | Quartzsite Elementary District |
| Tax Lot | 01 |
| Cap Rate | 18.78 |
| MobileHomeRemainsYN | No |
| Buyer Agent Compensation Type | % |
| New_sp_Financing_co_Conventional5 | True |
| Ownership | Fee Simple |
| Senior Community | No |
Interior Features
| Flooring | Carpet,Vinyl |
|---|---|
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Parking Features | Free,RV/Boat Parking,Assigned,Add'l Parking Avail, |
|---|---|
| Water Source | City Franchise,Master Meter |
| Total Parking | 47.0 |
| Lot Size Area | 0.0 |
| Number of Buildings | 40 |
| Spa | No |
| Lot Dimensions | irr |
| Lot Size Acres | 0.0 |
| Road Surface Type | Asphalt |
| Covered Spaces | 0.0 |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 85346
Price
Taxes
Visits
Year Built
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