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Cedar Mobile Home Court 111 S Papago St 37 Unit Mobile Home Park $2,050,227 CAD ($55,412 CAD/Unit) Springerville, AZ 85938
Investment Highlights
- Value Add Opportunity
- City Water and Sewer
- Owner Financing Available
- Quite, Established Community
Executive Summary
Seller Financing available on this beautiful, well-maintained 37-space mobile home community located in Arizona's White Mountains region. Springerville, Az serves as a hub for surrounding communities and offers year-round demand for affordable housing. Cedar Mobile Home Court is very clean, well maintained, and well run, and has a 14 machine laundromat with new washer and dryers. This property presents a straightforward value-add opportunity through lease-up of the vacant units and expansion of the park-owned rental inventory. With stable operations already in place and room for increased cash flow, Cedar Mobile Home Court is an excellent opportunity for both experienced and new mobile home park investors.
Call Robert Merchant for more details 209-996-4075
Call Robert Merchant for more details 209-996-4075
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$296,929
|
$24.59
|
| Other Income |
$44,964
|
$3.72
|
| Vacancy Loss |
$16,967
|
$1.41
|
| Effective Gross Income |
$324,926
|
$26.91
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$188,762
|
$15.63
|
| Net Operating Income |
$136,163
|
$11.28
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $296,929 |
| Annual Per SF | $24.59 |
| Other Income (CAD) | |
|---|---|
| Annual | $44,964 |
| Annual Per SF | $3.72 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $16,967 |
| Annual Per SF | $1.41 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $324,926 |
| Annual Per SF | $26.91 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $188,762 |
| Annual Per SF | $15.63 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $136,163 |
| Annual Per SF | $11.28 |
Property Facts
| Price | $2,050,227 CAD | Building Class | C |
| Price Per Unit | $55,412 CAD | Lot Size | 2.63 AC |
| Sale Type | Investment | Building Size | 12,075 SF |
| No. Units | 37 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | RMH-20 | ||
| Price | $2,050,227 CAD |
| Price Per Unit | $55,412 CAD |
| Sale Type | Investment |
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 2.63 AC |
| Building Size | 12,075 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | RMH-20 |
Amenities
Site Amenities
- Laundry Facilities
1 1
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 10521054 | Improvements Assessment | $0 CAD (2026) |
| Land Assessment | $0 CAD (2026) | Total Assessment | $17,140 CAD (2026) |
Property Taxes
Parcel Number
10521054
Land Assessment
$0 CAD (2026)
Improvements Assessment
$0 CAD (2026)
Total Assessment
$17,140 CAD (2026)
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Cedar Mobile Home Court | 111 S Papago St
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