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Mobile Home Park For Sale In Arizona

A 19% Cap Rate in Arizona? Is such a thing possible? Yes it is!

Presenting our newest listing: 158 Spaces in Saint Johns, Arizona!

Priced at $1,215,000.00, the owner will carry the First TD with a down-payment of $425,000.00 ­ so a quick close is possible!

At $7,690 per pad & a 9% current cap rate, this park is priced well below replacement cost! It is on city services, has paved roads, boasts 20 acres of land and is built to mobile home park specifications ­ lots average 39’ x 95’ ­ though it is currently catering to long-term RV tenants. At $125 per month the rents are Low, Low, Low! Huge Upside ­ to a 19% Cap Rate!!!

 

Click Here For A Complete Package
 

Contact:

Bart Hill
The Park Company
8776 E Shea Blvd #B3A-606
Scottsdale, AZ 85260
Ph:(480)314-3443 Fx:(480)657-2330
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Last Revised: May 1, 2008
 

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