Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Assumable Loan
- Cap Rate: 10.0%
- Listing ID: 827361
- Posted On: Jun 29, 2017
- Updated On: Dec 30, 2021
Description
42 RV Sites, 15 Camp Sites & 5 Cabins:
Includes pool. Showers are available for $0.25 per minute, Trash Dump is $10 & RV Water is $10 for up to 100 gallons. 1,500 square foot 3-bedroom double-wide included with sale as well as a 2,000 square foot office & 500 square foot laundromat. The property is 17.5 acres in total with 13.5 acres of additional land, leaving incredible room for expansion!
Assumable Loan with a balance of $70,000 @ a 12% interest rate.
Location
Located right off Interstate 40 at exit 144 &/or 146 in Ash Fork, AZ, just a 17 minute drive from Hwy. 64, the Grand Canyon Hwy.!
Right on Old Route 66! Across the street from the Route 66 Museum, (open M-F only, in the Flagstone Capitol of the US!
Amenities
- Laundromat
- Pool
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 42 |
| Year Built: | 1973 |
| Size: | 17 acre(s) |
Financial Information
| Gross Income: | $80,000 |
| Operating Expense: | $20,000 |
| Net Operating Income: | $60,000 |
| Expense Ratio: | 25.0 % |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - RUBs |