Top of the World RV/Mobile home park
$845,000
53390 E US Highway 60 Miami, AZ 85539
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About this listing
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.
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Lot Area
3.61 acres
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Units
17
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Year Built
1950
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Zoning
manufactured home zoning
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Baths
17
DESCRIPTION
- • 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
