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Park Model Home with Guest Suite

2184 South Cherokee Drive Unit 184 Apache Junction, AZ 85119

2184 South Cherokee Drive Unit 184, Apache Junction, AZ, 85119
$195,000
For Sale
$195,000

1993 park model with an Arizona room addition, separate guest suite, and two bathrooms in a 55+ golf community.

Property Size1,988 SF
Price / SF$98.09
Days on Market160

Property Features for 2184 South Cherokee Drive Unit 184

General Information

Standard status
Active
Size
1,988 SF
Property subtype
Land
Listing agency Sonoran Country Realty LLC
Listed by Brenda Mehl · License #BR653114000
Source Compass
Added: Feb 12 Updated: Jul 22 at 3:32AM Checked: Jul 22 at 3:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sonoran Country Realty LLC


Investment Insights

Based on property information with market context.

Located at 2184 South Cherokee Drive, Unit 184 in Apache Junction, this 1993 park model home offers an Arizona room addition, a separate guest suite, and two bathrooms. The layout is described as light and bright and move-in ready, with space to accommodate visiting family and guests.

The home is situated within a 55+ golf community and is positioned on the golf course. The property is marketed with Superstition Mountain views that can be enjoyed from inside or out, and it also includes a golf cart.

The seller notes the home is being offered with land ownership.

Key Highlights

  • 1993 800+ SF park model with spacious Arizona room addition
  • Separate guest suite plus 2 bathrooms
  • Superstition Mountain views from inside or outside

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $32.2k $16.20
− Vacancy −$3.8k −$1.90
EGI $28.4k $14.30
− OpEx −$12.8k −$6.44
NOI $15.6k $7.87
1,988 SF · lease $16.20/SF/yr · vacancy 11.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$223.4K
$195.5K – $260.7K (±1% cap)
NOI $15,641 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$549.6K
$480.9K – $641.2K (±1% cap)
NOI $38,472 @ 7.0% cap · market cap 19.73%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Real Estate Agency Big Box & Wholesale Store Building Supply Law Firm Hair Salon Garden Center Auto Parts Store Restaurant Parking Lot & Garage Dental Office

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - 1993 park model with an Arizona room addition, separate guest suite, and two bathrooms in a 55+ golf community.
Where is this mobile home & rv park located?
The property is located at 2184 South Cherokee Drive Unit 184 Apache Junction, AZ.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 1993 800+ SF park model with spacious Arizona room addition; Separate guest suite plus 2 bathrooms; Superstition Mountain views from inside or outside
Contact an agent
More about this property
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