Sundown Mobile Home Park
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Price: $1,250,000
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Address: 3001 Route 66 Winslow, AZ 86047
Property Description:
Just a three-hour drive from Phoenix and 45 minutes from Flagstaff directly on Route 66 and walking distance to downtown Winslow this stable 57 site mobile home park offers an investor a high entry cap rate with rental upside on below-market lot rents. This is a no-frills community with no amenities just large sites (some of which are fenced)
The property is over 95% occupied year-round and most spaces are occupied with mobile homes of 1980’s vintage. All but 6 of the sites currently occupied by RV;s can accommodate doublewides. Current owners have ever tried bringing in new or used units to sell/rent and have been keeping up occupancy via RV site rent and park-owned rentals. All spaces are located on city water and sewer and have 100amp direct-billed electric service. Included in the sale is a 1.5-acre lot which could add 6-8 units to total site count with town/county approval.