Photo 1
Photo 2
Photo 3

Description

Mountaingate Mobile Home Park is a 110-site, all-age community located in Globe, Arizona, near the base of the scenic Pinal Mountain range and approximately 90 miles east of Phoenix Sky Harbor International Airport. Surrounded by the natural beauty of Tonto National Forest and close to Gila Community College and the Globe Community Center, the property benefits from a setting rich in outdoor recreation, including fishing, hiking, hunting, and mountain biking. Globe, a historic mining town and the county seat of Gila County with a population of շուրջ 16,000, sits at the intersection of U.S. Highway 60 and State Route 77, serving as a gateway to destinations such as Roosevelt Lake and the San Carlos Apache lands. Built in 1978 and spanning 19.53 acres, the park features a low-density layout of 5.73 sites per acre with recently paved asphalt roads. The community includes 110 mobile home sites with an average rent of $500, along with 21 park-owned homes—10 occupied and 11 vacant. Notably, five newer 2021 three-bedroom, two-bath Clayton homes are excluded from the purchase price, though a qualified buyer may assume existing financing through 21st Mortgage Company. These newer units command rents between $975 and $1,100, while the remaining homes lease for approximately $700 to $1,025, offering a range of income potential.

Listing Details

  • Cap Rate

    8.2%

  • Space Type

    multifamily

  • Sub Category

    rv-park

  • Date Listed

    3/27/2026

  • Ownership Info

    Fee Simple

  • Broker/Agent Co-op

    Yes

  • Investment Type

    Value Add

  • Net Operating Income

    $250,195

Property Specifics

  • Property Name

    Mountaingate Estates Mobile Home Park

  • Property Class

    C

  • No of Units

    110

  • Year Built

    1978

  • Lot Size

    19.53 Ac

  • APN

    102-17-002C, 102-17-002B, 102-17-002D

  • Occupancy

    60%