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Mobile Home Park

August Hills Mobile Home & RV Park

8036 Pinal View Dr, Globe, AZ 85501

Listing Price: $350,000

Cap Rate
11.51%
Number of Spaces
27
Lot Size
14.33 acres
Occupancy
82.2%
Price/Space
$12,963
Spaces/Acre
1.88
Year Built
1954

Investment Overview

August Hills Mobile Home Park and RV Park is located near the foot of the beautiful Pinal Mountain range in Globe, Arizona. Globe is surrounded by the heart of magnificent Tonto National Forest and some of the most spectacular mountain vistas in the Southwest. At the junction of U.S. Highway 60 and State Route 77, Globe is a gateway to Roosevelt Lake, the San Carlos Apache lands, and the Pinal Mountains, where visitors can choose from several outdoor activities such as fishing, hunting, hiking, and mountain biking. August Hills Mobile Home and RV Park is situated at an elevation of 3,780 feet and is in Gila County with a stable population of 7,532 per the 2010 census. Globe has a semi-arid climate that is tempered by its elevation. The temperature typically ranges from a high of 80 degrees Fahrenheit to a low of 40 degrees Fahrenheit and hot summers top out between 90 and 100 degrees Fahrenheit. According to BestPlaces Comfort Index, Globe is 7.7 of 10, which means it is more comfortable than most places in Arizona. The Park consists of 5 mobile homes (MH) sites, 21 Recreational Vehicles (RV) sites, and one garage built on 14.33 acres with a density of 2.09 sites per acre. The roads are gravel and feature large MH/RV lots. The utilities are well and private septic. The water, sewer, and trash are included in rent and paid by the landlord. Electricity and natural gas are direct billed to the tenants. The MH sites measure up to 40x80, which can accommodate mostly Single-Wide homes. There is a 100-amp service at each site with 30-amp RV hook-ups. There are currently 21 of the 27 sites generating income. The current monthly lots rates are $260. Home rent rates for single-wide homes average $425, RV sites are $295 and one garage is rented for $100 per month.

Investment Highlights

  • 21 RV sites, 5 MH sites, and 1 Storage Garage.
  • High cap rate investment
  • Development opportunity of 8 acres of land.
  • Direct Electric/Gas. Well and Septic Served

Exclusively Listed By

Mobile Home Park

August Hills Mobile Home & RV Park

Listing Price: $350,000

Cap Rate
11.51%
Number of Spaces
27
Lot Size
14.33 acres
Occupancy
82.2%
Price/Space
$12,963
Spaces/Acre
1.88
Year Built
1954

Investment Highlights

  • 21 RV sites, 5 MH sites, and 1 Storage Garage.
  • High cap rate investment
  • Development opportunity of 8 acres of land.
  • Direct Electric/Gas. Well and Septic Served

Investment Overview

August Hills Mobile Home Park and RV Park is located near the foot of the beautiful Pinal Mountain range in Globe, Arizona. Globe is surrounded by the heart of magnificent Tonto National Forest and some of the most spectacular mountain vistas in the Southwest. At the junction of U.S. Highway 60 and State Route 77, Globe is a gateway to Roosevelt Lake, the San Carlos Apache lands, and the Pinal Mountains, where visitors can choose from several outdoor activities such as fishing, hunting, hiking, and mountain biking. August Hills Mobile Home and RV Park is situated at an elevation of 3,780 feet and is in Gila County with a stable population of 7,532 per the 2010 census. Globe has a semi-arid climate that is tempered by its elevation. The temperature typically ranges from a high of 80 degrees Fahrenheit to a low of 40 degrees Fahrenheit and hot summers top out between 90 and 100 degrees Fahrenheit. According to BestPlaces Comfort Index, Globe is 7.7 of 10, which means it is more comfortable than most places in Arizona. The Park consists of 5 mobile homes (MH) sites, 21 Recreational Vehicles (RV) sites, and one garage built on 14.33 acres with a density of 2.09 sites per acre. The roads are gravel and feature large MH/RV lots. The utilities are well and private septic. The water, sewer, and trash are included in rent and paid by the landlord. Electricity and natural gas are direct billed to the tenants. The MH sites measure up to 40x80, which can accommodate mostly Single-Wide homes. There is a 100-amp service at each site with 30-amp RV hook-ups. There are currently 21 of the 27 sites generating income. The current monthly lots rates are $260. Home rent rates for single-wide homes average $425, RV sites are $295 and one garage is rented for $100 per month.

Exclusively Listed By

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