$1,200,000
Chino Valley, AZ 86323
MLS# 919494
Status: Closed
4700 sqft
1 / 10
Property Description
Mobile Home Park. 100% Occupancy. Mostly long term tenants. 34 spaces, one Park owned unit, 2 casitas, and 5 apartments. Centrally located near shopping and services. The property is 3.75 acres, w/additional .50 acre Hwy frontage available. Rent increases in November brings cap rate up to 8.25%. Owner will carry, 8%, 20 Years, 30% Down. Cable, water, trash & sewer paid by Owner. Includes Owners home, or could be rented additional, or manager's home.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 285
Business Op Type: Bus Op w/Real Estate
REO/Short Sale: Not Applicable
Business Type: Other
Zoning: CL
Business Name: Double G Mobile Home Park
Assessor's Book #: 306
Assessor's Map #: 20
Assessor's Parcel #: 24
Assessor Parcel Ltr: C
Legal: Metes & Bounds. approx. 3.75 acre portion of parcel, to be split in escrow.
General Property Description
Aprx Acres: 3.75
Lot #: 0
Buildings: 5
Source of Measuremnt: Owner
Year Est: 196
Gross Vol/Yr $: 148708
CC & R: No
Total Liveable SqFt: 4700
Baths - 3/4: 43
Year Built: 1964
NOI $: 107301
Cap %: 8
Tax Info
Taxes: 2995
Tax Year: 2006
Remarks & Misc
Directions: US Hwy 89 to Chino Valley, just past Road 2 North/Safeway, shares a driveway with Do It Best Hardware Store. (No Sign)
Remarks: Mobile Home Park. 100% Occupancy. Mostly long term tenants. 34 spaces, one Park owned unit, 2 casitas, and 5 apartments. Centrally located near shopping and services. The property is 3.75 acres, w/additional .50 acre Hwy frontage available. Rent increases in November brings cap rate up to 8.25%. Owner will carry, 8%, 20 Years, 30% Down. Cable, water, trash & sewer paid by Owner. Includes Owners home, or could be rented additional, or manager's home.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 255
Financing: Conventional
Under Contract Date: 2007-08-23
Sold Date: 2007-10-01
Sold Price: $1,200,000
Construction
Block: 1
Frame - Wood: 1
Stucco: 1
Cooling
Other: 1
See Remarks: 1
External Amenities
Fenced: 1
Parking: 1
Heating
Natural Gas: 1
Propane: 1
Possession
At Recordation: 1
Roof
Asphalt Shingle: 1
Bathrooms
Other - See Remarks: 1
Business Location
Inside Location: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Submit: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Propane: 1
Telephone: 1
Water - Private Well: 1
Water Storage Tank: 1
WWT - Septic Conv: 1
Current Use
Other - See Remarks: 1
Internal Amenities
Other - See Remarks: 1
General Lease
Other - See Remarks: 1
Info on File
P & L: 1
Proforma: 1
Survey: 1
Tax Returns: 1
Sale Includes
Equipment: 1
Fixtures: 1
Inventory: 1
Non-Compete: 1
Training: 1
Tenant Pays
Utilities: 1
ContractAddressLegal
Original List Price: 1340000
Listing Date: 2007-08-14
Status: Closed
Listing Price: 1340000
Street #: 1218
Direction: N
Street Name: Us Hwy 89
City/Township: Chino Valley
State: AZ
Zip Code: 86323
County: Yavapai
Tax Parcel: 306-20-024C
Property Features
Bathrooms: Other - See Remarks
Construction: Block; Frame - Wood; Stucco
Current Use: Other - See Remarks
External Amenities: Fenced; Parking
Internal Amenities: Other - See Remarks
Heating: Natural Gas; Propane
Cooling: Other; See Remarks
General Lease: Other - See Remarks
Roof: Asphalt Shingle
Info on File: P & L; Proforma; Survey; Tax Returns
Utilities Installed: Cable TV; Electricity; Propane; Telephone; Water - Private Well; Water Storage Tank; WWT - Septic Conv
Sale Includes: Equipment; Fixtures; Inventory; Non-Compete; Training
Tenant Pays: Utilities
Business Location: Inside Location
Possession: At Recordation
Listing Office: Arizona Commercial
Last Updated: June - 20 - 2023
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.