Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 552999
- Posted On: Aug 11, 2015
- Updated On: Dec 18, 2015
Description
- Rare opportunity to acquire a large, quality community in a desirable tourism market with a value-add component to fill vacant homes and sites to increase performance and returns. In 2013, nearby Arches and Canyonlands National Parks attracted 1,082,866 and 462,242 visitors respectively.
- Park infrastructure has been almost completely renovated in the last 10 years including about $1 mil spent on replacing underground water/sewer lines, roads, a new perimeter fence, new clubhouse interior/roof/exterior stucco, upgrade to swimming pool, new playground, improved signage and landscaping, etc.
- Community maintains in-house Home Depot with items on hand such as linoleum, toilets, stoves, etc. to have supplies available to quickly renovate or repair homes.
- Community has a mix of single and double wide homes, off-street parking, and an attractive, curvilinear layout with mature trees throughout.
- The property is set up on public utilities. Water and Sewer are submetered by the park and bill tenants back each month averaging about $20 per month. Trash is billed back at $18 per month.
- 88 homes included in the sale with an approximate retail value of $3.1 million.
Location
- Recently completed in 2010, Helen M Knight Elementary School sits less than a mile from the community. Grand County Middle School, and Grand County High School are less than two miles away.
- The city is home to a branch campus of Utah State University, which is located one mile from the Grand Oasis. Starting in 2016, the city plans to expand the campus with 32,000 square feet of new research, classroom and lab space which will be able to accommodate up to 3,500 students.
- The Moab Regional Hospital, completed in 2011, features a full-service emergency department, surgical services, primary care, a level IV trauma center and more.
- The Moab Recreation Center, a state-of-the-art 24,000 square foot facility built in 2011, includes a six lane competition pool, an outdoor lap pool, a shallow water area with slides and diving boards, a fitness area, and more.
- The Miller Shopping Center is a five minute drive from the Grand Oasis and includes stores such as the Village Market, Moab Brewery, Chile Pepper Bike Shop, and a McDonald' s.
Park Information
| Size: | 34 acre(s) |
