Photo of Mobile Home Park
Photo of Mobile Home Park
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