Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Listing ID: 357881
  • Posted On: Jan 14, 2013
  • Updated On: Mar 13, 2013

Description

86 space MHP with 4 commercial spaces in best area of Yuma, Az. Site sits on 7.735 acres of prime commercial land. Run as a park now and land bank for later development.
We just took back this property with a deed in lieu of foreclosure, as a result we do not have any books or records on this property. High vacancy rate is a result of poor management. This park should run with a maximum of 12% vacancies. Owner will carry with $500,000.

Location

Location is just east of 4th avenue on 32nd street. South east corner of 32nd street and Arizona street. One of Yuma's best commercial areas.

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Park Information

Community Type: All Age
Number of MH Lots: 86
Total Occupancy: 50.0 %
Average MH Lot Rent: $400
Size: 8 acre(s)

Lot Information

Singlewide Lots: 86

Utility Information

Water: City
Water Paid By: Park
Sewer: City