Contact Information

Mobile Home Park Details

  • Price: $2,250,000
  • Purchase Method: Cash, Seller Financing
  • Property ID: 1234196
  • Posted On: Mar 24, 2020
  • Updated On: Mar 24, 2020

Property Description

THE INVESTMENT OPPORTUNITY INCLUDES APPROXIMATELY 31.46 ACRES OF LAND THAT IS CURRENTLY ZONED R‐5 AND C‐2. THE SUBJECT PROPERTY IS LOCATED IN GLADDEN JUST 30 MINUTES SOUTHWEST OF WICKENBURG, ARIZONA IN MARICOPA COUNTY. GLADDEN RV PARK AND MOTEL OFFERS 26 RV SITES, 3 MOTEL ROOMS AND TWO RESIDENTIAL HOMES. CURRENT OWNERSHIP HAS INSTALLED 9 NEW SEPTIC TANKS AND HAVE INSTALLED ALL NEW WATER AND SEWER LINES (3”PVC PIPES) THROUGHOUT THE PARK. THE PROPERTY HAS 2 WORKING WELLS WITH ONE WELL PUMPING 40 GALLONS PER MINUTE, ALL SITES HAVE INDIVIDUAL WATER METERS AND ARE BILLED BACK $3.50 FOR EVERY 100 GALLONS. ARIZONA PUBLIC SERVICE IS THE ELECTRIC PROVIDER, ALL SITES ARE SUBMETERED AND ARE BILLED BACK $0.21 CENTS PER KWH. THE MAIN HOUSE (3 BEDROOM/2 BATHROOM) HAS BEEN UPDATED WITH NEW STUCCO, RE-ENFORCEMENT PILLARS, ROOF, A/C AND A WATER SOFTENING SYSTEM. THE MOTEL OFFERS 3 UNITS (2‐1 BEDROOM/1 BATHROOM AND 1‐STUDIO). THERE ARE 4 PARK OWNED HOMES (1 DOUBLEWIDE, 2 SINGLEWIDES AND 1 TRAVEL TRAILER), THERE IS ALSO A SMALL 1 BEDROOM/1 BATHROOM BRICK HOME. ARAMADA (25 FT X 130 FT) HAS BEEN INSTALLED BY CURRENT OWNERSHIP IT IS USED FOR A WORKSHOP AND STORAGE. THE PROPERTY ALSO OFFERS TWO ANIMAL DENS THAT ARE LOCATED IN THE FRONT AND REAR OF THE PROPERTY. THERE ARE TWO BLANK BILLBOARDS LOCATED ON THE FRONTAGE OF HIGHWAY 60 THAT ARE CURRENTLY BLANK AND CAN BE RENTED OUT FOR ADDITIONAL INCOME.

OWNERSHIP RENTS THE MOTEL, PARK OWNED HOMES AND RESIDENTIAL HOMES TO LOCAL FARMING PROGRAMS THAT HIRE SEASONAL AGRICULTURAL WORKERS, THE PROPERTY HOST THE WORKERS YEARLY IN THE MONTHS OF APRIL‐JULY AND SEPTEMBER‐OCTOBER. THE RV SITES ARE RENTED TO ANNUAL TENANTS FOR $165 A MONTH THERE ARE CURRENTLY 7 ANNUAL TENANTS. THERE IS AN ONSITE MANAGER THAT PREFORMS VARIOUS TASK FOR CURRENT OWNER IN WHICH HE RECEIVES FREE RENT, UTILITIES AND A WEEKLY SALARY OF $250. THE OWNERSHIP HAS AN AGREEMENT WITH A LOCAL CATTLE RANCHER THAT PROVIDES WATER TO A WATER HOLE FOR HIS CATTLE FOR A CHARGE OF $700 YEARLY.

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Park Information

Number of MH Lots: 26
Size: 32 acre(s)

Utility Information

Water: Well
Water Paid By: Tenant - Submetered
Sewer: Septic

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