PROFITABLE MOBILE HOME
PARK---CENTRAL ARIZONA LOCATION---PARK OWNED MOBILES REPRESENTING 15
INCOME PRODUCING APARTMENTS AND ONE UNIT OCCUPIED BY LONG-TERM
MANAGER (13 YEARS, NON-INCOME PRODUCING).
ALSO 8 RV SPACES, 16 PARK
OWNED RENTALS, AND STORAGE
BUILDING, SMALL WORKSHOP AND A SMALL AREA THAT COULD BE CONVERTED
INTO A COIN LAUNDRY. MAIN STREET LOCATION, ZONED COMMERCIAL WITH
160' OF STREET FRONTAGE AND TOTAL AREA OF 1.22 ACRES. OLDER
GRANDFATHERED PARK WITH MUCH UPDATING AND MANY IMPROVEMENTS.
WATER METERS ARE CURRENTLY
BEING INSTALLED TO HELP REDUCE OPERATING EXPENSES. WATER IS
CURRENTLY PAID BY PARK UNTIL OCTOBER 1, 2007.
OPERATED AT ABOUT 85% TO 90%
OCCUPANCY, PARK RENTS ARE SOME OF THE LOWEST IN THE ENTIRE AREA, AND
COULD EASILY BE ADJUSTED UPWARD WITH AN UNLIKELY LOSS OF TENANTS.
PARK GROSSES APPROXIMATELY LOW
TO MID EIGHTIES PER YEAR. INTERSTATE 17 RUNS NORTH-SOUTH ON THE
OUTSKIRTS OF TOWN AND A LARGE COMMERCIAL DEVELOPMENT IS UNDERWAY
NEARBY.
ASKING PRICE IS $830,000. UPON
COMPLETED SALE, CURRENT OWNER WILL BE AVAILABLE ON A NON-PAID
CONSULTING BASIS FOR 60 DAYS.
PLEASE CONTACT THE OWNER BY
SUBMITTING THE E-MAIL FORM BELOW.
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*Note: I was having problems with my email account
so I have changed my email address. If you have written in the
past with no response please email me again for a prompt response.
I apologize for the inconvenience!
