6570 N GRAND Avenue, Glendale, Arizona
6570 N GRAND Avenue, Glendale, Arizona 85301 - The Circle N Mobile Home Park is a 21 single wide space mobile home park with 3 1BR/1B, 1 studio apartment units & another 1 BR/1B apartment converted to an office. All MH spaces are rented on a month to month lease. The apartments are rented on 6 month leases. 15 of the mobile homes are owned by the tenants. 6 MH tenants are purchasing the MHs making monthly principal payments to landlord. The MH tenants pay all utilities. Utilities are included in apartment rents. Included in the purchase are the 6 loan agreements for the 6 tenants that are still making payments on the MHs. The park has stayed 100% occupied as most MH tenants have been long term tenants. The park is on 1.36 acres. Contact listing agent for income and expenses.
Listing Courtesy of Berkshire Hathaway HomeServices Arizona Properties