Top of the World RV/Mobile home park | 53208 E Oak Ln
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Top of the World RV/Mobile home park 53208 E Oak Ln
19 Unit Mobile Home Park £652,817 (£34,359/Unit) 8.15% Net Initial Yield Miami, AZ 85539
Investment Highlights
- Highly visible on state highway 60
- Possible expansion of MH and RV sites
- Value add opportunity buildings and 3 apartments
- Multiple wells onsite
Executive Summary
A Top of the World opportunity to own 3.61 acres with established 16 unit RV/MHP with a 3 unit apartment building , former restaurant building and trading post building! 2nd generation value add property was the place to rent in its hay day and could be that again with a little work. Property is currently professionally managed and has methodically been cleaned up and fences added. 3.08 Acres are contiguous with another half acre on Oak Lane with a 2nd well. 4 wells total with 2 wells serving the property. RV/Mobile Home sites bring in $300/month plus electric and 3 apartments bring in $1700/month combined plus electric.
Pinto Valley mine ( capstone copper) is a source for tenants at the RV park/MHP and the opportunity to add a restaurant or diversify the trading post awaits.
Have you ever stopped to get Jerky between Superior and Miami? Then you have been to The Top of the World RV/MHP.
Pinto Valley mine ( capstone copper) is a source for tenants at the RV park/MHP and the opportunity to add a restaurant or diversify the trading post awaits.
Have you ever stopped to get Jerky between Superior and Miami? Then you have been to The Top of the World RV/MHP.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£54,032
|
£18.01
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£54,032
|
£18.01
|
| Taxes |
£2,851
|
£0.95
|
| Operating Expenses |
£22,693
|
£7.56
|
| Total Expenses |
£25,544
|
£8.51
|
| Net Operating Income |
£28,487
|
£9.50
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £54,032 |
| Annual Per SF | £18.01 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £54,032 |
| Annual Per SF | £18.01 |
| Taxes | |
|---|---|
| Annual | £2,851 |
| Annual Per SF | £0.95 |
| Operating Expenses | |
|---|---|
| Annual | £22,693 |
| Annual Per SF | £7.56 |
| Total Expenses | |
|---|---|
| Annual | £25,544 |
| Annual Per SF | £8.51 |
| Net Operating Income | |
|---|---|
| Annual | £28,487 |
| Annual Per SF | £9.50 |
Property Facts
| Price | £652,817 | Apartment Style | Garden |
| Price Per Unit | £34,359 | Building Class | C |
| Sale Type | Investment | Lot Size | 3.61 AC |
| Net Initial Yield | 8.15% | Building Size | 3,000 SF |
| Sale Conditions | Deferred Maintenance | Average Occupancy | 100% |
| No. Units | 19 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1950 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | £652,817 |
| Price Per Unit | £34,359 |
| Sale Type | Investment |
| Net Initial Yield | 8.15% |
| Sale Conditions | Deferred Maintenance |
| No. Units | 19 |
| Property Type | Residential |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.61 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1950 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 3 | £492.69 | 500 - 600 |
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PROPERTY TAXES
| Parcel Numbers | Total Assessment | £69,962 (2025) | |
| Land Assessment | £69,962 (2025) | Annual Taxes | £2,851 (£0.95/sf) |
| Improvements Assessment | £0 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£69,962 (2025)
Improvements Assessment
£0 (2025)
Total Assessment
£69,962 (2025)
Annual Taxes
£2,851 (£0.95/sf)
Tax Year
2023
zoning
| Zoning Code | manufactured home (Manufactured home zoning district) |
| manufactured home (Manufactured home zoning district) |
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Top of the World RV/Mobile home park | 53208 E Oak Ln
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