Ponderosa Glen

Ponderosa Glen

UNDER CONTRACT


Property Highlights

Payson, AZ
Type: Manufactured Home Community
Size: 55 Spaces
Price: $2,000,000


Investment Highlights

• 54 Sites and 1 Apartment. Built in 1991. 4.91 Sites per Acre
• 11 Vacant Sites. Incubation Upside
• 13 POH Portfolio Valued at $200,000
• MHP Valued at $1,800,000
• Seller Financing with 32.5% Down, 6% Interest Only for 10 Years
• 6.1% Cap Rate with 39% Expense Load at $1,411 per Site

Details

Property Type : Manufactured Home Community
Purpose : Rent
Status : For Sale

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