53208 E Oak Ln - Manufactured Housing/Mobile Housing FOR SALE


Miami, AZ 85539
$795,000 USD
602-316-7978
53208 E Oak Ln, Miami, AZ for Sale
$795,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/17
null | 7.67% Cap Rate

53208 E Oak Ln
Miami, AZ 85539


HIGHLIGHTS

  • Highly visible on state highway 60
  • Value add opportunity to convert existing vacant buildings to rental
  • Possible expansion of MH and RV sites
  • Multiple wells on site
  • 1/2 Acre lot separate from RV/MHP perfect for adding more sites or build your home with the benefit of income.
  • 4 existing buildings with electric and plumbing. 1 Triplex, 1 trading post, 1 vacant office building, 1 vacant former restaurant

OVERVIEW

A Top of the World opportunity to own 3.61 acres with established 15 unit RV/MHP with a 3 unit apartment building , former restaurant building, office building and trading post building! 2nd generation "value add" property was the place to rent in its hay day and could be that again with a little work. Property has methodically been cleaned up and fences added. 3.08 Acres are contiguous with another vacant half acre on Oak Lane with a 2nd well, picturesque home site or expand the MH/RV site offerings. 4 wells total with 2 wells serving the property. RV/Mobile Home sites bring in $300/month plus electric and 3 apartments bring in $1700/month combined plus electric, trading post brings in $300/month Jerky stand. Pinto Valley mine ( capstone copper) is a source for tenants at the RV park/MHP and the opportunity to add a restaurant , convert the office to living quarters or diversify the trading post awaits. Have you ever stopped to get Jerky between Superior and Miami? Then you have been to The Top of the World RV/MHP.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$265 USD /SF

# OF UNITS

18

PRICE/UNIT

$44,167

CAP RATE

7.67%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Top of the World RV/Mobile home park

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.61 AC

LAND SF

157,252 SF

ZONING

manufactured home

APN/PARCEL ID

106-51-005A,106-51-005B,106-51-005C,106-51-014,106-51-015,106-51-016

ASK ABOUT THIS PROPERTY

Cathy FoxColdwell Banker CommercialMore Info
602-316-7978

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Cathy FoxColdwell Banker CommercialMore Info
602-316-7978

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.