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