Contact Information

Mobile Home Park Details

  • Price: $925,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1168198
  • Posted On: Dec 18, 2019
  • Updated On: Dec 18, 2019

Property Description

Country Meadows Mobile Home Park and Storage is an All Age Community located in Pine, Arizona. The Park is comprised of 25 Mobile Home Sites, 6 RV Sites (31 Sites total), 27 enclosed Storage Units and 6 dry dock storage Sites. The Park is 55+ years old and the Storage Units were built in 1986. Country Meadows sits on approximately 3.03 acres. Electric is provided by APS and is Direct Billed to the Mobile Home tenants. The MH Sites offer 50 AMP electrical service to pedestal units. The RV Sites are serviced by a single master meter and electric is included with rent. The RV Sites offer 30 AMP electrical service to pedestal units. The Park is on City Water provided by a private municipal water company (Pine Strawberry Water Improvement District). Water is sub-metered and billed back to the Mobile Home tenants, including a flat meter read fee ($10). Water is included with rent and paid by owner for the RV tenants. The Community is on a Septic System with 9 tanks and one oversized leach field. There is a monthly Septic System maintenance fee for all tenants ($5).Trash is included with rent and paid by owner. Gas is Propane. All Homes are Tenant Owned and there are currently no Homes under Contract for Sale. The most recent rent raise at the Park occurred in March 2019 for $10 per month. Current ownership completed a Septic System upgrade in 2018 (approximately $25K). The Mini-Storage includes 31 total Units with metal roll up doors, totaling 3, 420 rentable square feet. The Unit mix includes; 5’X5’(2),5’X10’(7),5’X20’(1),10’X10’ (8), 10’ X 20’ (8), 20’ X 20’ (1). Storage rental rates range from $30-$125 per month. The most recent rent raise occurred in January 2019 for $5 - $8 per month. Current ownership installed a new roof on the storage building in 2014 (approximately $5K). Country Meadows has local, off-site management and is a well maintained investment opportunity that is a must see!

Amenities

  • Storage
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Park Information

Community Type: All Age
Number of MH Lots: 27
Year Built: 1986
Size: 3.0 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - RUBs
Sewer: Septic

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