Oaks MH & RV Park

Property Description:

The Oaks Mobile Home and RV Park is a 95 mobile home park site located near Globe, Arizona. This 3-star park is located near 4500-foot elevation (see snow pictures!!) which drive tenant demand for second homes to get out of the Phoenix heat. Would be an excellent play for a Phoenix investor who could sell homes or rent RV sites to their senior tenants looking for affordable second homes just an hour from the East Valley. The hiking and outdoor scenery is outstanding as the park is steps from the world-famous Tonto National Forest. All homes are tenant-owned with a mix of older metal and newer sided inventory. The tenant breakdown is around 50% mobile home/park model and the rest are permanent RV. Based on demand, the park should be at 100% in the summers due to cooler temperatures and short drive from East Valley. The pool is unused however seller maintains that is in good working order. Roads were paved in last three years which offer a clean look upon entry. Rents were just increased however still below market.