| Mobile Home Park for Sale | |
| Sale Price: | $625,000 |
| Number of MH Lots: | 15 |
| Size: | 1.2 acre(s) |
| Status : | Active |
| Property ID : | 12463 |
| Posted on : | Jun 02, 2010 |
| Updated on : | Sep 01, 2010 |
Park owned mobiles representing 15 income producing apartments and one non-income manager's unit (for 17 years). In addition, there are 8 RV spaces, a storage building, small workshop and a small block building that could be converted into a coin laundry.
This is a Main Street location, zoned commercial with 160 feet of street frontage and total area of about 1.22 acres. A clean, older grandfathered park with lots of shade. Much updating and many improvements have put the park on a minimal repair/maintenance basis. Water meters were installed in 2007, allowing most water expenses to be back charged to tenants. Operated at about 85-90% occupancy, park rents are some of the lowest in the entire area and could easily be adjusted upward.
Park grosses approximately upper seventies to low eighties per year. Interstate 17 runs North-South on the outskirts of town and a large commercial development is underway nearby.
Asking price is $625,000. Upon completion of sale, current owner will be available on a non-paid consulting basis for 60 days.
Central Arizona location 90 miles north of Phoenix with much cooler summer temperatures!
| Number of MH Lots: | 15 |
| Total Occupancy: | 90.0% |
| Size: | 1.2 acre(s) |
| Number of RV Lots: | 8 |
October 22nd - 24th
Columbus, OH
