57560 N AZ HIGHWAY 188 Highway Payson, AZ $ 2,400,000
57560 N AZ HIGHWAY 188 Highway
$ 2,400,000
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57560 N AZ HIGHWAY 188 Highway

Payson, AZ, 85541
$ 2,400,000
Baths0.0

Monthly Estimate*

$ 14,777

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Studio

Multi-Family Home for sale in Payson, AZ

for $2,400,000. This home was built in 2000.

Discover this exceptional 48-unit RV site that has wide mix use ranging from RV spaces at 6.2 cap rate. Single wide & Double Wide Trailers, an office, and coin laundry facility in place. 2 parcels included which is 5.5 acres! There are tenants that have been there for several yrs, even up to 10+. The park is an ideal investment for those looking to capitalize on the booming RV industry and scale the business to your liking. Currently operated as Jake's RV, this versatile property features 30-amp electrical hookups, sewer and water hookups, and trash service, making it ready for immediate use or further development. The site offers easy access via dirt and gravel roads, with pet-friendly amenities facilities for guests. Situated on a high-traffic highway, this property provides outstanding visibility and growth potential. Perfect for expanding an existing RV park or creating a new venture, this location is close to outdoor recreational activities and scenic attractions of Payson. The park also has a manager on site that helps maintain and run the operations, with the hope to stay in place long term. Makes it turnkey ready for you. The park is currently 86.7% occupied and part of that is because there are 6 spaces used for nightly rentals. The tenants have walking distance access to the popular Jakes Restaurant and Bar. The business is comprised of daily night rentals and longer terms rentals. Don't miss out on this rare opportunity to own a well-equipped and strategic RV business site with significant investment potential with additional room to add tiny homes, more RV spots and more.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 594

Style

Multiple Dwellings

Year Built

2000

Town/City

Payson

County/Region

Gila

MLS | Web ID

6875048

Features
General
Sewer Septic Tank
Heating Propane
Cooling Central Air Ceiling Fan(s)
Roof Metal
Zoning uknown
Construction Materials Metal Siding See Remarks
Year Built 2000
Electric APS
Township 08N
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 128360.38
Community Features Manager Res/Office
County Gila
Net Operating Income 28738.95
Operating Expense 594.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Garage Y/N N
Status Active
Directions Head southeast on AZ-188 S. The property will be on the right.
High School Payson High School
City Payson
Disclosures Other (See Remarks)
High School District Payson Unified District
Open Parking Spaces 45.0
Number Of Units Total 45
Carport Y/N N
Elementary School Payson Elementary School
Tax Annual Amount 594.0
Middle/Junior High School Rim Country Middle School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Payson Unified District
Tax Lot 144
Cap Rate 1.2
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features On Street
Water Source Shared Well
Total Parking 45.0
Number of Buildings 1
Spa N
Lot Dimensions Irregular
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 57560
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* Excluded Features
List By
Fathom Realty

Broker

Dbarney@fathomrealty.com

Email

Affordability Calculator

$14,827
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,777
Monthly Property Taxes
$50
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4894754 Elementary School
4899228 Middle School
Payson High School High School
Pricing History
DatePricePrice ChangeDescription
12/10/2025$2,400,000 -7.69% Price Down
9/29/2025$2,600,000 -7.14% Price Down
6/3/2025$2,800,000 Listed Price

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57560 N AZ HIGHWAY 188 Highway, Payson, AZ, 85541 is a Multi-Family Home for sale at $2,400,000. 57560 N AZ HIGHWAY 188 Highway is a studio with 0.0 baths and was built in 2000. The property's zip code is 85541 which is in Payson, AZ