Contact Information

Mobile Home Park Details

  • Price: $1,250,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Property ID: 1273209
  • Posted On: Jun 18, 2020
  • Updated On: Jun 18, 2020

Property Description

Seller Carry Terms: Purchase Price $1,250,000, Down Payment $600,000 (48%), $650,000 at 5% (Fixed) with a monthly principal & interest payment of $3,490 (this payment is based on a 30 year amortization). Said note will become all due & payable 3 years from close of escrow.

The Granite Creek Mobile Home Park is located in downtown Prescott, Arizona. Each home is leased out as a rental. The homes are small but well maintained inside and out. The community is on all city services. The owners par for all of the utilities. Each site has it's own electric & gas meters. The park in NOT water metered. There is a small laundry in the same unit as the studio apartment. The parking is adequate for one car per home with one guest spot. The property maintains a high occupancy because of the location. The current owners have done all the heavy lifting. This is an opportunity to enjoy cash flow without having to do a large amount of renovation.

Amenities

  • Laundromat
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Park Information

Community Type: All Age
Number of MH Lots: 17
Total Occupancy: 100.0 %
Year Built: 1974
Size: 1 acre(s)

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 16

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