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Mobile Home Park Details

  • Price: $1,750,000
  • Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
  • Cap Rate: 7.5% (Actual)
  • Listing ID: 6929775
  • Posted On: Jun 26, 2025
  • Updated On: Jun 26, 2025

Description

Prime Investment Opportunity 18 Unit Mobile Home Park + 5 Apartment Rentals in Booming Avondale, AZ, Seize this rare opportunity to own a well maintained 18-unit mobile home park with 5 additional apartment rentals in Phoenix. This income-generating property has undergone significant improvements, including, ensuring long-term stability and tenant satisfacation. With a strong return on investment, this property offers an easy upside-homes are available to sell on contract, increasing profitability while maintaining a stable income stream and high occupancy. The combination of passive income. property application and scalable growth makes this an unbeatable investment for long-term wealth buiding. Dont miss out on this high demand assest in a rapidly developing market. Call today for more details and secure your foothold in Avondale's boomin real estate sector!

Below is a semi- semi-detailed summary of the CapEx for the Avondale property over the last 18 months. This includes:

Electrical Panel Upgrade – Modernizing the system to ensure safety and compliance.

Sewer Line Replacement – Replacing the old Orangeburg piping with durable PVC to prevent future issues.

Asphalt Rehabilitation – Addressing wear and tear to improve property accessibility and aesthetics.

Skirting Replacements – Enhancing the exterior look and functionality.
Please see attachment!

Location

Avondale represents a rare blend of affordability, growth, and opportunity. For mobile home park investors, it offers the trifecta of strong demand, long-term stability, and value-add potential — all in a location that continues to benefit from Phoenix’s westward expansion.

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

Park Information

Community Type: All Age
Number of MH Lots: 23
Total Occupancy: 100.0 %
Average MH Lot Rent: $700

Financial Information (Actual)

Gross Income: $221,904
Operating Expense: $85,000
Net Operating Income: $125,774
Expense Ratio: 38.3 %

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 18
Average Rent for Park-owned Homes: $800

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