New to the market in an infill location freshly re-positioned 115 site mobile home park in a desirable north Phoenix neighborhood with high median 1-bedroom rents and median home costs of $430,000. Turf Mobile Home and RV Park is an all-ages community with a mostly permanent tenancy, paved roads, city services, direct-billed electric and metered utilities. The heavy lifting on this park has been completed and the seller has brought in multiple homes which are on notes which will be included in the sale however not included in NOI/cap rate. That’s an additional $35,000 a year in income!!! Additional upgrades include dog run/gathering area, perimeter fencing, asphalt repairs, electric upgrades, entryway, and painting of common area buildings. Most MH spaces are approximately 30x50 which will accommodate modern mobiles and back-row RV sites are 30x40 which accommodates park models. Back row of RV sites are also a perfect park model play in a high rent zip code. 1 bedroom/studios in the market rent for approximately $1400. Eleven of the MH sites currently have permanent/extended stay RV’s as tenants so opportunity to move more homes there due to housing demand. The rents are 10-15% under market and yet still offer buyer day 1 cash flow on existing income with IO loan. This opportunity will not last long so please make your best offer!!! 100+ site MH/RV deals in Phoenix proper only hit the market a few times a year so this is your opportunity to get a seat at the table in this high rent and home price growth market. PLEASE DO NOT DISTURB TENANTS OR MANAGEMENT IF VISITING PARK. THEY ARE NOT AWARE PARK IS FOR SALE. PLEASE KEEP THIS LISTING CONFIDENTIAL.