Outdoor Hospitality News

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Former Marana RV Park Sells for $3.35 Million in 1031 Exchange Deal

A former RV park located at 9001 W. Tangerine Road in Marana has sold for $3,350,000 in an all-cash investment transaction, recorded on January 22, 2026. The property, previously operating as an RV park, includes eighty-five RV spaces and spans approximately 17.21 acres (about 749,668 square feet). 

It also contains 2,057 square feet of building area associated with the former park operations. Based on the sale price, the property traded at roughly $194,654 per acre, or about $39,411 per RV space.

The buyer completed the acquisition as part of a 1031 exchange. The listing broker noted that the property was “sold for land value.” According to Real Estate Daily News, the prior use code reflects a Travel Trailer or RV Park, and the asset is described as a former RV park in average condition. Sources indicate the buyer already owns other RV parks.

The seller of the property was Tangerine Properties LLC and 9933 Investments LLC, based in Glendale, while the buyer was Towncentre Professional LP, represented by Porter-Livingston Development Inc., with Mr. Peter Graziano as a member. 

David Rogers of Diligence Realty represented the seller, and Devin Beasley of Cushman & Wakefield (Phoenix) represented the buyer. For inquiries, Rogers can be reached at 602-549-2356.

For professionals in the RV and outdoor hospitality sector, this transaction highlights a trend in which former RV park properties are being acquired primarily for their land value rather than ongoing park operations. 

Investors may view underperforming or aging parks as opportunities for redevelopment, particularly in markets like Marana’s Northwest submarket, where land demand is strong. Understanding pricing metrics, such as per-acre and per-RV-space valuation, can provide guidance for evaluating similar opportunities in other regions. 

Additionally, transactions structured as 1031 exchanges remain a common strategy for investors seeking to defer capital gains taxes while reinvesting in real estate assets with potential for higher returns.

This sale demonstrates how properties with established RV infrastructure can be repositioned as investment assets, offering insights for owners and operators considering exit strategies or portfolio expansion.

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