Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
- Listing ID: 1188675
- Posted On: Feb 8, 2020
- Updated On: Sep 14, 2020
Description
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The Parks 32 Spaces are currently 100 % Full for 2 Years Plus
Looking for a Great Retirement Business. Live on Site and Operate a Busy RV Park, Restaurant with Bar , Pool Room & Liquor Licence/Bar. Fun Town to Operate In
Park has Full Time Tenants and a Reserved Area for The Busy Seasonal RV Business, Huge Hunting area Brings in Riggs all winter Long.
Park also Has a Busy AirBNB Business with 3 AirBNB Units. 1 is an onsite Cottage and 2 are RV's . 2 RVs are rented full time for 24 to 36 Months Now .
Park Units are a mix of Rent 2 Owns or Park Own
Steady Rental Income and a Full Restaurant Building with a Bar and Liquor Licence up Front. Currently Arivaca Soul Food is a 5 Star Rated Restaurant on Google. Possible Owner Financing with 200K Down The existing Loan has approximately 450 K Balance at 5% Interest with a 4 Year Balloon Payment
Owner will sell whole company , for an easy turn key transfer.
Location
Arivaca is a Scenic Historic Southern Arizona Town. Its a favotite drive for people in the Area, It is know for Ghost Towns, Rock-hounds, and has a Huge Hunting Following, Hunters fill the park all winter long. Its a great town to live in , this park has steadily grown in revenue since the owners purchase and clean up since 2 years ago. Its is a Vibrant Park Now,
Amenities
- Laundromat
Park Information
| Number of MH Lots: | 32 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $400 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $89,094 |
| Operating Expense: | $45,563 |
| Net Operating Income: | $58,208 |
| Expense Ratio: | 51.1 % |
| Debt Info: | t Amortized for 30 Years 5% Interest 4 Year Balloon |
Lot Information
| Park Model Lots: | 32 |
RV Information
| Number of RV Lots: | 32 |
| Average RV Lot Rent: | $500 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 14 |
| Average Rent for Park-owned Homes: | $500 |