Lake Havasu City Investment Opportunity - Empty Spaces Vacation Rental Management

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Lake Havasu City Investment Opportunity

Invest in Lake Havasu, AZ

Short term rentals are a real estate gold rush, becoming a niche asset that's making a large impact in investor portfolios.

ESVRM is offering a niche asset investment opportunity located on the last significant piece of undeveloped land in Lake Havasu City, Arizona. Built in two phases, The Project will consist of 20 buildings with 3 and 4 story variations, totaling 219 stacked flats with 1 to 6 bedroom units. The Project will offer amenities unlike anything currently in Lake Havasu City.

ESVRM is seeking qualified equity investors to develop the site, secure construction financing, and build The Project. Once completed, the construction equity will roll over to the long-term financing and become part of the long-term ownership group of The Project. ESVRM has assembled a first-rate team that has been working on The Project for over eighteen months, which includes local developer Desert Land Group, architect RK Design, engineer AE2S, and 122 West Landscape Architecture.

The following will provide a snapshot regarding The Project. There is significantly more material available upon request. After reviewing this information, we know you will become as passionate about this project as we are.

Project Stats

  • 14.46 acre total property area
  • Multi-family development, zoned for long and short-term rentals.
  • Centrally located to the state marina, London Bridge, and panoramic views of Lake Havasu
  • Buildings designed to maximize views
  • Site designed around the engagement and enjoyment of the end user
  • Family-friendly without compromising luxury

Unit Breakdown


The Site

Trailer & Oversized Boat Parking

Electric Vehicle Charging

Trash Valet

Gig Internet

Onsite Management

Full-Time Maintenance

Off-leash Dog Park

Solar Covered Parking

Recycling

Exterior Amenities

Two Pools

Hot Tubs

Splash Pads

Beach Entry

Fire Pits

Sun Deck

Cabanas

Water Slide

BBQ Grills

Pickleball

Picnic Area

Bocce Court

Interior Amenities

Spa

Bar

Dining

Lounge

Offices

Coffee Bar

Game Room

Club House

Market/Deli

Kids Play Area

Fitness Center

Concierge

The Financials

The financial model was designed to maximize ROI and reduce risk, allowing investors to own the development at the cost to construct, with no party making or taking a penny until the units are renting. We anticipate a 6-year operating period, at which point we can sell the project, or those who prefer to be bought out can do so by the remaining partners. Using conservative projections, at the end of that 6-year operating period, the net profit is substantial, with 1/3 of the original equity paid back over that same time period. To view the Financials, a signed Non-Disclosure Agreement is required.

We are seeking qualified equity investors
who will form a joint venture with ESVRM
to develop the site, secure financing, and build the Project.

Give Scott a Call:

720-205-2710

Request More Information


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Guest Reviews

Empty Spaces VRM

Guest Reviews

Casi W. Nov 25, 2022

VRBO
This is a great rental. It was well stocked, clean and in great condition. The layout is great. We were a family of 4 so everyone got their own room and bathrooms had dual vanities. There is another bathroom with shower downstairs that we did not use. This could comfortably accommodate 3 couples; 4 if wouldn't mind using the bunk bed room. The kitchen was well stocked. We only cooked one evening but kitchen had everything we needed including common spices and some olive oil. Condo had shampoo, conditioner, body wash, lotion, hand soap, dish soap and Keurig coffee pods. Condo is close to main part of town so we could have easily walked but Moab wasn't busy during our visit so we were able to easily find parking and drove most places. Cruiser bikes looked to be in good condition but we did not use them. The pool is closed for the winter but the hot tub worked and was well maintained. Garage at the condo was tall enough to accommodate our SUV with topper box and garage opener is included. Property management was by "Empty Spaces Vacation Rental Management." They were very professional and communication was excellent. That part of the experience exceeded a typical "host" for a VRBO. I wish they managed more properties in other locations (they manage some in Crested Butte, Havasu and Grand Mesa). I would absolutely stay at this condo again.
Entrada at Moab 429

Kimberly P. Nov 26, 2022

VRBO
This property is located within waking distance to Main street downtown and is just a short drive to all things fun outdoors. It is very clean and has great amenities. Our kids loved the little play area! They felt they had their own special space away from us parents. This property really has all you need for a great vacation!
Entrada at Moab 611

Danielle A. Oct 14, 2022

VRBO
This was our first stay in a VRBO and it was exactly what we were hoping it would be. Super quick response from management, very easy process all around. Would definitely stay here again.
Avenida Laredo

Mark H. Oct 15, 2022

VRBO
We were a group of two families with 4 adults and 3 children (11, 11 and 13). The house is well decorated, very clean and provided comfortable furniture for both relaxing and sleeping. There is also ample parking for up to 4 vehicles (2 car garage + 2 driveway spots). We had two cars, a RZR and trailer all of which we were able to fit at the property. The back patio overlooks a park with several trees which in my opinion is one of the best patio views in the development. Communication with the rental management agency was very clear and made that part of the experience effortless. We would definitely stay here again and highly recommend this property.
Entrada at Moab 620

James H. Oct 15, 2022

VRBO
Lots of amenities and very welcoming upon arrival. Excellent communications. Thanks!
Entrada at Moab 417

Jenna R. Sept 26, 2022

VRBO
We’ve stayed in hotels and condos in Moab and this was our best location yet. The condo is great with enough room for friends and family to all be together and enjoy each other’s company, but with rooms and bathrooms that allow for some downtime. We chose this unit because it was right next to the pool and we had kids with us. Best choice ever. We could be cooking on the grill while the kids (older kids) could swim. The kitchen was very well stocked and there were loads of towels and even games to play. We would come back to this property again for sure.
Entrada at Moab 432

Jenny P. Aug 30, 2022

Airbnb
Amazing house! Pool, kids play ground and spa were amazing. House is extremely clean, organized and exactly as shown in pictures.
Avalon Havasu

Angel G. Aug 21, 2022

Airbnb
Great stay. Communication was great.
Avalon Havasu

Daisy L. Jul 24, 2022

Airbnb
Awesome stay for our annual family trip! At first glance, it looked small (like the yard and pool etc) but once we got going we found it to be more than enough for our family and we had quite the clan. The pool is great for families with kids because there is a large step/pad on one side where my two year old could walk around and still be in the pool with everyone else. The yard has a fun playground for toddlers, and a nice lounge area where we played games. The house was super clean and comfortable, and great for the family to hang out. Parking galore. Plenty of things we needed like towels and blankets, etc. Great hosts! The location is good too, not far from stores or attractions like the London bridge. Would absolutely stay again if we come back to Havasu!
Avalon Havasu

Wendy and Ron Sept 18, 2022

VRBO
We absolutely loved this vacation rental! From the minute we walked in we knew it was the place for us. CLEAN and stocked with everything we could possibly need. We have extensive experience with vacation rentals, both managing and renting properties . This property exceeded our expectations and we will be back!
Cottonwoods 401
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