Rancho Mobile Home Park

Price: $940,000
Cap Rate: 8.000

Units: 30

Phoenix, Arizona

Rancho Mobile Home Park is located in phoenix AZ just
off of Indian school road. The park contains 30 spaces with
paved roads and city services. Tenants have access to a
Laundry room and additional RV storage for their convenience.
The park was built in 1945 and sits on 1.5 acres.
The park is being offered at an 8% cap rate which will give
any investor a great return on their money. The Buyer will
need to assume the current financing which has a great loan
of 6.38% fixed loan until 2017. With this in place the new
Buyer can capture a total return of 11.63% return on their
investment.