Mobile Home Park Investment

NOTE** regarding rent increases:  Effective Dec 1st, new rent total to be $5,160

Presenting a great investment opportunity: a tenant-maintained mobile home park with 15 spacious lots. Priced attractively at $475,000, it offers a high CAP rate of over 11.5%, ensuring solid returns.

The park’s 15 spaces comprise 11 rented at $250/month, 1 at $350/month, and 3 park-owned units. Total monthly rent is $4,610.

Long-term, reliable tenants are current on payments, responsible for maintenance and lawns, and pay for their own electricity. The park operates on a well and septic system, minimizing bills.

With a hands-off approach, this investment delivers monthly checks while tenants maintain their spaces. Don’t miss this turn-key opportunity for stable income and growth potential.

  • 15 spaces
  • 11 spaces rent for $250/mo
  • 1 space rents for $350/mo
  • 3 people rent park owned units
  • Total monthly rent: $4,610
  • Purchase Price: $475K
  • CAP Rate: over 11.5%
  • All tenants long term and current on the payments
  • Tenants pay electric
  • Tenants responsible for all maintenance (even on park owned units)
  • Tenants responsible for all lawns
  • Park is on well and septic, so no bills
  • Owner currently pays for trash, however bills can be changed so tenants pay individually, call trash company.
  • 100% hands-off

Globe, Arizona: a fun small-town atmosphere

As a charming, southwestern town approximately 88 miles from Phoenix, Globe invites you to experience its rich mining history and natural beauty. Nestled amid picturesque desert landscapes, Globe offers a warm, welcoming atmosphere. Explore historic streets, discover local art, and immerse yourself in a community known for its friendly spirit. With its unique blend of heritage and stunning surroundings, Globe is a hidden gem ready to be explored.

Status : Sale Pending; Make Backup Offer!  
Address : 1695 Wheatfields Road, Globe, 85501  

Pricing

Cash Price : $475,000  

Contact Info

Phone Number : (602) 644 - 1826  

Other

Tagline : High Cap Rate Investment  
Sale Type : Private Sale  
Occupancy : Occupied: Investors (Tenant / Buyer Available) Call for Appointment