Contact Information

Mobile Home Park Details

  • Price: $5,800,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Property ID: 1365328
  • Posted On: Dec 7, 2020
  • Updated On: Dec 7, 2020

Property Description

This prime location is a gently sloping meadow and hillside forest on Lake Mary Road which has 1010 ft of frontage. This beautiful property is uniquely situated on the southeast rural edge of the City of Flagstaff. It is in the OPPORTUNITY ZONE, within the city limits, and with LakeMary close by it enhances the desirability of an RV park. Where you can go fishing for bass, catfish, pike, trout, and walleye. This 26.74-acre lot is zoned estate residential, light industrial, and high-density residential with the potential for a special use permit and a regional plan revision for an RV park. City sewer is approximately one mile slightly uphill. City water is along Lake Mary Road and the underground water table is approximately 1,000–2,000 in-depth for a fire suppression water source. This site, with the right zoning and site plan, could potentially have restaurants, a convenience store, and up to 220 RV parking sites. Demand for RV recreation is year-round for the
Flagstaff area. Existing mobile home park shown by appointment.

Offering memorandum
https://www.azlandluxuryhomes.com/listing/4631-s-lake-mary-rd/

Land Comps
https://earth.google.com/earth/rpc/cc/drive?state=%7B%22ids%22%3A%5B%221Q0TkljZwDQWEgVhPiiRKzAmk-a0W9a--%22%5D%2C%22action%22%3A%22open%22%2C%22userId%22%3A%22105198332132640286354%22%2C%22resourceKeys%22%3A%7B%7D%7D&usp=sharing

Location

On Lake Mary Road & Frontier just a few miles from I-17. Daily traffic 1800.

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

Park Information

Community Type: All Age

Financial Information (Pro Forma)

Gross Income $2,200,000
Debt Info

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

Video