Valley of the Sun Mobile Home & RV Park at 13377 N Sandario Road in Marana sold for $3.8 million ($31,405 per space) to California investors. The property is a 55+ community consisting of 73 RV spaces and 48 mobile home sites with only four park owned units.
Russ Warner with NAI Horizon Phoenix handled the transaction and calls the property “the mobile home park that’s not near any other mobile home parks, a gateway to the Saguaros.” Located in Marana, this established Park gets many returning visitors annually as well as some that store units there for the summer.
“Marana is a high growth area for the region and tenants look forward to coming to this area year after year,” said Warner. “The property is estimated to a four-star property.”
Built in 1984, amenities include a clubhouse with heated pool and spa, recently renovated bathrooms, a large recreation room, an arts & crafts, and a laundromat and poker/pool table room. The community also offers Wi-Fi, cable TV, horseshoes and shuffleboard, live entertainment and dancing with live music. Over-nighters are welcomed, with 20 pull thru full hook ups too.
The mobile home portion of the property was reported 95% occupied at time of sale.
The seller was Al Spall of Queen Creek, AZ and the buyers, Boegel-Filice, LLC (James Filice and Philip Boegel, managers)
For additional information, contact Warner at 602.955.4000.
To learn more, see RED Comp #3692.