PHOENIX, ARIZONA – First Vice President Andrew Warner of the NAI Horizon Manufactured Housing Investments team represented the seller in the $1.275 million disposition of Black Canyon Trailer Ranch in Phoenix.
Warner represented BCTR46 LLC of Phoenix. The buyer of the asset at 2444 W. Devonshire Ave., was AZ Park Partners of LLC also of Phoenix.
“The new owners plan on improving the property for the residents of the mobile home park,” Warner said. “By doing so, this action will continue to provide much-needed affordable housing for the area.”
Black Canyon Trailer Ranch is within close proximity of Grand Canyon University in Midtown Phoenix. It comprises 32 mobile home units. Major intersections include 19th Avenue and Camelback Road, which is 1.7 miles from Black Canyon Trailer Ranch.
Black Canyon Trailer Ranch is near Phoenix Sky Harbor International, located 10.4 miles or 17 minutes away. There are three shopping centers less than a mile away, which is about a 13-minute walk.