Seller Terms: Owner agrees to carry $440,000 as follows.

$440,000.00 @ 5.75% (25 year amortization) monthly P & I payment of $2,769.00 X 12 = $33,228.00 annual debt service. due 10 years from COE.

Cedar Court Mobile Home Park is a 36 Site All Age Park located in Springerville, Arizona. The Park was originally built in 1982 and sits on approximately 2.63 acres. Cedar Court is on all City Services. A portion of the Community is master metered for electric with submeters installed for a bill back program. The Park has 15 pedestals with 30 and 50 AMP electrical service. There is overhead power for 10 Sites that are billed direct. Sites 5A and 5B share a single meter box, Sites 8A and 8B share a single meter box and Sites 9A, 9B, 9C share a single meter box. The Park currently includes electricity in rent for 18 Tenants. This includes one Park Owned Mobile Home Unit that offers four separate Apartment Studios and share one electric meter. The remaining 17 Units are either billed direct or billed back for electricity. Water, Sewer and Trash are included in rent for all tenants. There is no gas. Cedar Court owns their Dish TV system and this system services the entire Park. TV service is included in rent for the Park Owned Homes, otherwise a $25 flat fee is required for TV service. There are 19 Furnished Park Owned Homes and 14 Park Owned storage sheds available to Tenants. There are currently no homes under contract for sale. Cedar Court offers a commercial laundromat business that provides laundry service to the Park and the community of Springerville. The coin operated Laundromat consists of 6 commercial Maytag Washers and 6 commercial Maytag Dryers. The laundromat has 3 Phase Electric and utilizes propane. All machines are Park owned. Cedar Court RV Park is fully fenced and has been in the same family for 16 years. The Community offers a convenient In Town location just steps away from local amenities.