Contact Information

Stephanie Waters

Mobile Home Park Details

  • Price: $1,300,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1266183
  • Posted On: Jun 4, 2020
  • Updated On: Jun 4, 2020

Property Description

Graham View Park is a mobile home community composed of 68 Mobile home and RV sites, a leasing office, and laundry facility. The community was constructed in 1966 on 4.92 acres. Safford is a small town popular with snowbirds that also has both mining and governments stabilized industry. The 5 largest employers in Safford are all less than 15 minute drive from the park.
Waters is provided by the city of Safford. Sewer is provided by septic system, and Electricity is billed back to tenants.

Location

Safford is a mining town, and Graham View is located just off Hwy 70.

Amenities

  • Laundromat
  • Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 68
Total Occupancy: 70.0 %
Year Built: 1966
Average MH Lot Rent: $300
Size: 5 acre(s)

Financial Information (Actual)

Gross Income $195,298
Operating Expense $141,405
Net Operating Income $65,713
Expense Ratio 72.4 %
Debt Info

Lot Information

Singlewide Lots: 48
Doublewide Lots: 1

RV Information

Number of RV Lots: 21
Average RV Lot Rent: $300

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 4
Average Rent for Park-owned Homes: $500

Similar Mobile Home Parks for Sale