Contact Information

Anja Jauregui
Jones Lang LaSalle

Mobile Home Park Details

  • Price: Call for Price
  • Listing ID: 6962618
  • Posted On: Aug 12, 2025
  • Updated On: Aug 12, 2025

Description

JLL, as an exclusive advisor, is pleased to present the opportunity to acquire Sherwood Forest (the "Property"), a 6.04-acre age-restricted (55+) community situated in Payson, AZ. This asset features 44 fully occupied manufactured housing pad spaces and one single-family residence, strategically located on E Miller Road with good access to major thoroughfares including Arizona State Routes 260 and 87.

The property stands out for its meticulous maintenance, comprehensive infrastructure, and 100% occupancy rate, ensuring a superior living experience for its residents. The investment opportunity is particularly attractive given the growing demand for affordable housing alternatives in secondary markets, driven by rising costs in major metropolitan areas. Payson's appeal is further enhanced by its thriving tourism sector, essential healthcare services, and high quality of life, making it an ideal location for the target senior demographic.

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Park Information

Community Type: 55 And Over
Number of MH Lots: 44
Total Occupancy: 100.0 %
Average MH Lot Rent: $450
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $234,954
Operating Expense: $116,432
Net Operating Income: $118,522
Expense Ratio: 49.6 %

Lot Information

Doublewide Lots: 44

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

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