Contact Information
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.
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 |