Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 12.1%
  • Listing ID: 699063
  • Posted On: Aug 22, 2016
  • Updated On: Sep 14, 2017

Description

This all age community was purchased in January of 2016. It was a distressed sale. The park is comprised of a single family home, duplex, 6 rental mobiles, 4 mobiles for which a contract for sale has been created, 2 tenant owned homes and 2 vacant pads.

This is a good starter property located in a solid Apache Junction area. The city sewer is new. There are 6 mobiles that are direct billed from the electric company and the balance of the property is on a master meter system with a sub meter read back. Spaces 11 & 13 (both vacant) are very small and need to be combined in order to create one space. Space 19, which is vacant, has all hook-ups but needs an electric meter installed.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Total Occupancy: 83.0 %
Size: 1 acre(s)

Utility Information

Water: City
Water Paid By: Park
Sewer: City