request_info_guest false

Top of the World RV/Mobile home park

$845,000

53390 E US Highway 60, Miami, AZ 85539

Active
Last Updated: 11/22/2024

3.61 acres

Lot Area

17

Units

Details:
Lot Area:    3.61 acres
Units:    17
Year Built:    1950
Zoning:    manufactured home zoning
Baths:    17
Highlights:
  • Lot Dimension: 546 x 306
  • Annual Tax: $ 3427.0
  • Average Occupancy Rate: 90.0
  • Road Type: State Road
  • Lot Size: 2-5 Acres
  • Sewer: Septic
  • Water: Well
Description:

Top of the World, Miami AZ
16 RV/Mobil home sites
3 Apartment units
$5400 in monthly income
Potential to expand Park
4 Wells on the property currently one well serves the entire property
Value add

Invest in a prime opportunity with this RV/mobile home park located at The Top of the World, Miami, AZ. This property boasts a 1100 SF tri-unit apartment building, 1000 SF former restaurant building and 800SF retail building. 16 RV/ mobile home sites, and a rich history dating back to 1955, with renovations in 1996. Benefitting from a Manufactured Home zoning, the park's 90% occupancy and $5,400 monthly income offer a strong foundation. Situated in the elevated Miami area, at 3,500 feet above sea level, the property holds potential for expansion with four wells on-site. With one dedicated well currently servicing the entire property, there's significant value-add potential awaiting the savvy investor.

Map:
Location
Gallery