Mountain Ridge RV Park offers the chance to acquire a performing residential income investment with a lease upside and a great location in the Apache Junction suburb of Phoenix, Arizona. The community comprises a total of 19 units, with only four lots currently empty. A new owner will enjoy the chance to employ a new leasing strategy to fill the vacancies and increase revenue.
Mountain Ridge RV Park’s flexible unit mix includes 15 park-owned units, 1 tenant-owned unit, 2 duplex units, and a main house in addition to the four vacant lots. The park is gated for resident security and offers desirable community amenities, including an on-site laundry room, individually metered lots, all-new electrical equipment rerouted underground, and 100amp pedestals.
The park places tenants just off the W Apache Trail commercial corridor, allowing convenient access to national retail amenities. Within walking distance of the property, residents can reach Walmart Supercenter, Safeway, AutoZone Auto Parts, Starbucks, McDonald’s, Dairy Queen, and a CubeSmart Self Storage facility.
Situated 35 miles east of Downtown Phoenix, under the Superstition Mountains, the Apache Junction community boasts a small-town atmosphere with a distinctly Western feel. Neighbors enjoy its close community and local events that hearken back to the area’s rich gold-mining heritage. Locals in the area love the toasty year-round temperatures, Apache Junction’s historic charm, city attractions, and outdoor recreation.
An investment in the Mountain Ridge RV Park is strongly supported by a valuable demographic profile within 10 miles of the community. The population of almost 400,000 has grown by 11% since 2020, growing the demand for accessible and affordable housing units in the area. More than 22% of these locals currently rent their homes, delivering a reliable pipeline of new potential community residents.