Las Casitas is a high upside mobile home park opportunity located in Casa Grande, Arizona. Just an hour from Sky Harbor International Airport in Phoenix and located within a stone’s throw of the new Lucid electric car manufacturing facility and countless other commercial and homebuilder developments this is an opportunity streamline operations and increase occupancy in a high demand housing market. The park currently has 112 sites however there is additional acreage and MH zoning which would likely ability to add up to 112 more sites with Pinal County approval. The entire property is serviced by Arizona Water Company and has a sewer lagoon and the community also employs a well for landscaping and pool only. There is no city or county sewer access to the parcel and the sewer pond is on an adjoining property utilized by a lift station. The county and ADEQ have no regulatory oversight of the lagoon however owner has all documentation to verify allowed usage. Amenity package includes a pool, laundry, and picnic area. The roads are paved with ribbon curbs sites are all minimum 45x80 and have dedicated parking and ability for yards and doublewides. The park currently sells most homes via 3rd party financing. The park’s vacancy exceeds 50% however there are 24 homes on site that are in various stages of rehab that can be finished and sold very quickly due to local housing demand. Broker believes this total rehabilitation and infill could be accomplished in under a year with the right team in place. There is also opportunity to due vacant sites to augment current income with RV occupancy as there is an attractive amenity package in place to attract fixed income retirees. Recent upgrades to the park include new lift station, renovated common areas including office and laundry, new picnic area, and new pool area with pumps and siding.