Contact Information

Mobile Home Park Details

  • Price: $960,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.1%
  • Property ID: 1393820
  • Posted On: Feb 15, 2021
  • Updated On: Mar 5, 2021

Property Description

Ameri-Can Trails RV Park is a 95 Site, 55+ Community located in Quartzsite, Arizona. The Park was originally built in 1982 and sits on approximately 4.87 acres. Ameri-Can Trails offers Daily, Weekly, Monthly, and Seasonal rental options. The Park is on All City Services. Electric is included with rent for Daily and Weekly visitors. Electric is billed back for Monthly, Seasonal, and Annual tenants (.20 Kwh). The Sites offer 50 AMP electrical service to pedestal units. Water and Sewer are included with rent for Daily and Weekly visitors. There is a flat monthly fee ($20) for Water and Sewer for Monthly, Seasonal, and Annual tenants. Gas is Propane. Trash is included with rent for all tenants. There is one Park Owned Park Model Home and there are currently no Homes under Contract for Sale. The Community has a Laundry Facility with 3 Washers/4 Dryers and the equipment is owned. The most recent rent raise occurred in 2018. Recent Capital Improvements include; a brand new Swimming Pool and Pump Room, a renovation of the Clubhouse, new Sidewalks, new Horseshoe pit, and over 100 new Trees and Shrubs throughout the Park (approximately $120K). The Community has an Onsite Manager ($300 per month plus free rent/utilities). Ameri-Can Trails is a well maintained, pride of ownership investment opportunity!

Amenities

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

Park Information

Community Type: 55 And Over
Number of MH Lots: 95
Year Built: 1982
Size: 5 acre(s)

Financial Information (Actual)

Gross Income $180,267
Operating Expense $102,860
Net Operating Income $77,407
Expense Ratio 57.1 %
Debt Info

Utility Information

Water: City
Water Paid By: Park
Sewer: City

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