SUNDIAL RV PARK
109-Site All-Age Community in Peoria,AZ
Projected Investment Returns
Purchase Price ----- $10.5MM
Hold Period -------- 5 years
IRR ---------------- 17.75%
Equity Multiple ---- 2.06x
Avg. Cash on Cash -- 8.81%
Projected Investment Returns
Preferred Return ---------- 8.0%
LP/GP Split -------------- 85/15
IRR ------------ 15.7%
Avg. Cash Flow ------------ 4.0%
Annualized Returns ------- 20.3%
SUNDIAL RV PARK
109-Site All-Age Community in Peoria,AZ
Projected Investment Returns
Preferred Return ---------- 8.0%
LP/GP Split -------------- 85/15
IRR ---------------------- 15.7%
Avg. Cash Flow ------------ 4.0%
Annualized Returns ------- 20.3%
Projected Investment Returns
Purchase Price --------- $10.5MM
Hold Period ------------ 5 years
IRR -------------------- 17.75%
Equity Multiple -------- 2.06x
Avg. Cash on Cash ------ 8.81%
why we love this deal
With Over $2M Invested Since 2020, The Property Requires No Meaningful Near-Term Capital Expenditure
The Phoenix MSA
Ranks Among The Top U.S. Metro Areas For Population Growth, Job Creation, And In-Migration.
Strong Day 1 Cash Flow With Mark-To-Market Potential
Supply Is Constrained Due To Restrictive Zoning
With Over $2M Invested Since 2020, The Property Requires No Meaningful Near-Term Capital Expenditure
The Phoenix MSA
Ranks Among The Top U.S. Metro Areas For Population Growth, Job Creation, And In-Migration.
Strong Day 1 Cash Flow With Mark-To-Market Potential
Supply Is Constrained Due To Restrictive Zoning
We are pleased to offer the opportunity to partner in the acquisition of Sundial RV Park, a 109-site all-age community located at 9250 N 75th Ave in Peoria, Arizona. Built in 1963 and comprehensively renovated with over $2 million in capital improvements from 2020 to 2024, Sundial operates as a stabilized, cash-flowing asset in one of the fastest-growing submarkets in the Phoenix metropolitan area.
Questions?
59
acquisitions
11
exits
$2B+
acquisition value
11,104
units
NEVER
lost an investor dollar
Purchase Price -- $33,500,000
Number of Buildings ------- 21
Number of Units ---------- 248
Vintage ----------------- 1983
Rentable Square Feet - 222,760 SF
Average Unit Size ----- 898 SF
Air Conditioning - Individual HVACs
Construction --- Wood Frame/Brick
Roof ------------ Pitched/Shingle
Electrical ----- Individ. Metered
Executive Summary
ACQUISITION HIGHLIGHTS
Unit Count
123
Vintage
2017-2022
Avg. Unit Size
Land size
1,084 SF
Existing Building square feet
86,950
Price Per Unit
~$229K
Land size
±8.7 acres
Acquisition Price -------------------------- $28.15MM
Financing(70% LTV) ------------------------- $19.71MM
Total Equity ------------------------------- $10.19MM
LP Equity --------------------------$7.87MM
Investment Hold --------------------------- 60 Months
Cash on Cash ------------------------- 7.57%
Investment Hold --------------------------36 Months
Projected IRR --------------------------------- 18.5%
Projected IRR --------------------------26.76%
Projected MOIC -------------------------------- 2.14x
Cash on Cash ----------------------------------- 7.4%
Target Funding Date ---------------- February 1, 2026
Projected MOIC --------------------------1.71x
minimum investment ---------------- $100,000
Executive Summary
ACQUISITION HIGHLIGHTS
Unit Count
Vintage
123
2017-2022
Avg. Unit Size
Price Per Unit
1,084 SF
~$229K
Acquisition Price ------ $28.15MM
Financing(70% LTV) ----- $19.71MM
LP Equity ----------------------------------- $7.87MM
Total Equity ----------- $10.10MM
Cash on Cash ---------------------------------- 7.57%
Investment Hold ------- 60 Months
Investment Hold --------------------------- 36 Months
Projected IRR -------------------------------- 26.76%
Projected IRR ------------- 18.5%
Projected MOIC -------------------------------- 1.71x
Projected MOIC ------------ 2.14x
Cash on Cash -------------- 7.4%
Target Funding Date ------ 2/1/26
minimum investment ---------------- $100,000
PROPERTY Summary
Address
9250 N 75th Ave, Peoria, AZ 85345
Property Area
7.67 Acres
Total Rv Sites
109 Sites
