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Grande Vista Rv -Moble home Park & Storage

Mobile Home Park for Sale in Willcox, Arizona

711 N Prescott Ave
Willcox, AZ 85643

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Mobile Home Park for Sale

Number of MH Lots: 50
Size: 6 acre(s)
Cap Rate: 8.0%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 831879
Posted on: Jul 13, 2017
Updated on: Oct 18, 2017

Property Description

Grande Vista Mobile Home Community consists of 50 spaces in an all ages community as well as a seasonal RV Park & Self Storage business on 6 over acres in Wilcox, AZ. The property has excess land available to add more unit pads. The Self Storage consists of over 127 units secured with perimeter fenced with controlled access gates. An on-site laundry facility provides an additional income stream. The property is located close by the Northern Cochise Community Hospital, Town of Wilcox Police Department and Fire Station #2, Keller Park & Recreation Center, supermarket and restaurants. The owner's double-wide mobile home conveys creating an opportunity for increased income.

Well Maintained "Pride of Ownership" Property
City Water and Sewer Connections
New City Maintained Natural Gas Lines
120 Newly Built Self Storage Units
3 Diverse Revenue Streams W/
16 Mobile Home/34 RV Spaces/w Full Hook Ups and 127 Self Storage Units

Location Description

The property is located approximately 1 hour east of Tucson and 3 blocks off of Interstate 10. Situated in a quiet section of the Town of Wilcox, AZ with no I-10 highway traffic noise.

Park Information

Number of MH Lots:50
Total Occupancy:85.0%
Year Built:1965
Average MH Lot Rent: $600
Size:6.0 acre(s)

Financial Information (Actual)

Gross Income$189,000
Operating Expense$69,932
Net Operating Income$119,068
Expense Ratio 37.0%
Debt Info

Lot Information

Singlewide Lots:15
Doublewide Lots:1
Triplewide Lots:0
Park Model Lots:1

RV Information

Number of RV Lots:34
Average RV Lot Rent: $32,512

Utility Information

Water Paid By: Park

Park-Owned Homes

Number of Park-owned Homes:12
Average Rent for Park-owned Homes: $600

Amenities and Other

Laundromat: Yes
Club House: Yes
Storage: Yes
Handicap Accessible: Yes

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