RV Parks

Cedar Mobile Home Court

Springerville, AZ

Asking price

$1,450,000

Sites

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Cap rate

9.00%

Price / site

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About this property

Description Seller Financing is available on this beautiful, well-maintained 37-space mobile home community. Cedar Mobile Home Court is very clean, well maintained, and well run There are a mix of park owned mobile homes, a 4 plex, park owned RVs, tenant owned RVs, vacant RV lots, and a 14 machine laundromat with new washers and dryers. This property presents a straightforward value-add opportunity through lease-up of 3 currently vacant units and expansion of the park-owned rental inventory. With stable operations already in place and room for increased cash flow, Cedar Mobile Home Court is an excellent opportunity for both experienced and new mobile home park investors. Call Robert Merchant for more details 209-996-4075