349 N ROYAL PALM Road, LOT, Apache Junction, AZ 85119
$1,375,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$1,375,000
Last Modified:
7/28/2025
Description
PROFITABLE AND WELL KEPT 16-unit mobile home park in Apache Junction, AZ with stunning Superstition Mountain views. This well-maintained park offers a strong mix of park-owned and tenant-owned units, generating income from both space rent and home rentals. Stable tenant base and high occupancy provide consistent cash flow. Several units are currently below market, offering upside through rent increases. Located in a quiet, scenic area with easy access to amenities. A rare turnkey investment with strong current returns and future growth potential.
Current ''Owner'' unit conveys as well for new owner residence OR rent it out for additional revenue!
More Information MLS# 6898270
Contract Info
Current Price: $1,375,000
List Price: $1,375,000
Status: Active
List Date: 2025-07-28
Ownership: Fee Simple
Location Tax Legal
House Number: 349
Compass: N
Street Name: ROYAL PALM
St Suffix: Road
City/Town Code: Apache Junction
State/Province: AZ
Zip Code: 85119
Zip4: 1536
County Code: Pinal
Subdivision: S21 T1N R8E
Assessor Number: 101-18-030
Tax Year: 2024
General Property Description
Lot Size Dimensions: 1.6 Ac
Year Built: 1967
Uncvrd Parking Spcs: 20
Total # of Units: 16
# of Buildings: 14
Zoning: 0840/M
Elementary School District: Apache Junction Unified District
High School District: Apache Junction Unified District
High School: Apache Junction High School
Remarks Misc
Cross Street: Apache Trail and Idaho
Directions: HWY 60 to Tomahawk
Geo Lat: 33.418087
Geo Lon: -111.537111
Legal Info
Township: 01N
Range: 08E
Section: 21
Income Expenses
Gross Annual Sch Inc: 102500
Net Operating Income: 97008
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 10
Avg SqFt: 550
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 5
Avg SqFt: 650
# Baths: 1
Mobile Home Prk Info
Total Number Spaces: 14
# RV Spaces: 2
Avg Rent Single Wide: 1145
Avg Rent RV Spaces: 650
# Storage Spaces: 16
# Park Owned Units: 11
Property Features
Project Type: 13 - 24 Units; Mobile Home & RV Prk
Construction: Block; Wood Frame
Const - Finish: Painted
Roofing: Composition; Metal
Floors: Concrete; Wood
Sale Includes: Land & Building; Personal Property
Community Features: No Pool
Exterior Amenities: Partially Fenced; RV/Boat Parking; Separate Storage
Appliances Included: Free-Standing Range; Refrigerator; W/D Hookup
Heating: Natural Gas
Cooling: Window/Wall Unit; Evaporative Cooling; Central Air; 2 or More Units
Water Source: Private
Sewer: Septic in & Cnctd
Electric: SRP
Gas: SW Gas; Propane Bottled
Parking Features: Carport; Free
Owner Pays: Water
Tenant Pays: Water; Electricity; Gas
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email
Lockbox Type: Other
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Non Assumable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Non Assumable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; Conventional; Owner May Carry
Environmental: None
Listing Office: Superstition Real Estate and Property Management LLC
Last Updated: July - 28 - 2025
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