1218 N Us Hwy 89, Chino Valley, AZ 86323

$1,200,000

Property Type: Business Opportunity Square Footage: 4,700 Lot Size (sq. ft.): 163,350 Status: Closed

Current Price: $1,200,000 List Date: 8/14/2007 Last Modified: 6/20/2023

Overview

Description

Mobile Home Park. 100% Occupancy. Mostly long term tenants. 34 spaces, one Park owned unit, 2 casitas, and 5 apartments. Centrally located near shopping and services. The property is 3.75 acres, w/additional .50 acre Hwy frontage available. Rent increases in November brings cap rate up to 8.25%. Owner will carry, 8%, 20 Years, 30% Down. Cable, water, trash & sewer paid by Owner. Includes Owners home, or could be rented additional, or manager's home.

Listing Details MLS# 919494

ContractAddressLegal

Original List Price: 1340000
Listing Price: 1340000
Street #: 1218
Direction: N
Street Name: Us Hwy 89
City/Township: Chino Valley
State: AZ
Zip Code: 86323
County: Yavapai
Tax Parcel: 306-20-024C

General Property Description

Aprx Acres: 3.75
Buildings: 5
Total Liveable SqFt: 4700
Source of Measuremnt: Owner
Baths - 3/4: 43
Year Built: 1964
Year Est: 196
Gross Vol/Yr $: 148708
NOI $: 107301
Cap %: 8
CC & R: No

Tax Info

Taxes: 2995
Tax Year: 2006

Status Change Info

Under Contract Date: 2007-08-23
Sold Date: 2007-10-01
Sold Price/SqFt: 255
Financing: Conventional

More Information

Property Features

Bathrooms: Other - See Remarks Construction: Block; Frame - Wood; Stucco Current Use: Other - See Remarks External Amenities: Fenced; Parking Internal Amenities: Other - See Remarks Heating: Natural Gas; Propane Cooling: Other; See Remarks General Lease: Other - See Remarks Roof: Asphalt Shingle Info on File: P & L; Proforma; Survey; Tax Returns Utilities Installed: Cable TV; Electricity; Propane; Telephone; Water - Private Well; Water Storage Tank; WWT - Septic Conv Sale Includes: Equipment; Fixtures; Inventory; Non-Compete; Training Tenant Pays: Utilities Business Location: Inside Location Possession: At Recordation

Listing Office: Arizona Commercial

Last Updated: June - 20 - 2023

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