AZ Mobile Home Park - for Sale in Apache Junction, Arizona
2100 E. Roundup Road
Apache Junction, AZ 85119
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Seller Information
Brian TeskeEdge Real Estate Services
Mobile Home Park for Sale |
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| Number of MH Lots: | 49 |
| Size: | 5.2 acre(s) |
| Cap Rate: | 9.0% |
| Purchase Method: | Cash, Seller Financing, New Loan |
| Status: | Active |
| Property ID: | 112899 |
| Posted on: | Jan 06, 2012 |
| Updated on: | Jan 06, 2012 |
| Price: | $1,395,000 |
Property Description
49 Space Mobile Home & RV park located at the base of the Superstition Mountains with amazing mountain views. Landscaping is Pristine. The park is individually metered. The park is operating at a good occupancy and will yield an excellent cash on cash return of 11.67%.
Location Description
North on Wickiup Road from Superstition Blvd. East on Roudup to property.
Park Information
| Number of MH Lots: | 49 |
| Total Occupancy: | 87.5% |
| Average MH Lot Rent: | $295 |
| Size: | 5.2 acre(s) |
Financial Information (Actual)
| Gross Income | $202 |
| Operating Expense | $80 |
| Net Operating Income | $121 |
| Expense Ratio | 39.6% |
| Debt Info |
RV Information
| Number of RV Lots: | 49 |
| Average RV Lot Rent: | $295 |
Utility Information
| Water: | Well |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 8 |
| Average Rent for Park-owned Homes: | $500 |
Amenities and Other
| Laundromat: | Yes |
| Club House: | Yes |
| Handicap Accessible: | Yes |