Mobile Home Park Details
- Purchase Method: Cash
- Cap Rate: 8.8%
- Listing ID: 578684
- Posted On: Nov 12, 2015
- Updated On: Feb 14, 2016
Description
This all-age community is in an excellent location and has been priced to sell at $14,286.00 per site. The current owner has neglected the park since being involved with an out-of-state investment. The property needs to be filled. The sites are big enough to handle larger homes. There is vacant commercial land (CB-2) which has 270 feet of frontage on Superstition Blvd. The owner will not carry paper and there is no assumable financing in place. The mobile homes in place are tenant-owned. This park is on all city services and is sub-metered for water, sewer and trash.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 28 |
Year Built: | 1972 |
Size: | 3 acre(s) |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |