Improved RV Park
For Sale
Contact for pricing
Pending
5615 S Central Ave, Phoenix, AZ 85040
Four Arizona communities include full-hookup sites, utility upgrades, paving work, and occupancy ranging from 65% to 100%.
Property SizeContact for details
Days on Market145
Property Features for 5615 S Central Ave
General Information
Standard status
Pending
Property subtype
Mobile Home Park, Multifamily
Net Operating Income
$377,817
Additional Details
Cap Rate
7.27%
Utilities to Site
Yes
Multifamily Units
2
Amenities
clubhouse
Listing Agency:
Marcus & Millichap - Downtown San Diego
Listed By:
Dustin B. Wilmer · License #CA 01928162
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Sep 2 at 10:29PM
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 Marcus & Millichap - Downtown San Diego
Investment Insights
Based on property information with market context.
This portfolio comprises four RV communities in Phoenix, Apache Junction, and Florence, Arizona. The properties include 90 full-hookup RV sites, two single-family residences, a storage building, an apartment, clubhouses, and two tenant-owned homes. Individual park occupancy ranges from 65% to 100%, with average site rents reported between $600 and $650.
Capital work across the communities includes new asphalt at three parks, crushed-asphalt road improvements at another, new 50 AMP electrical service, removal of obsolete homes, and updated landscaping. Utility arrangements vary by property and include city water and sewer, one septic-served parcel, master-metered systems, direct-billed electricity, and selected utilities included in rent. The portfolio carries a combined 7.27% cap rate.
Capital work across the communities includes new asphalt at three parks, crushed-asphalt road improvements at another, new 50 AMP electrical service, removal of obsolete homes, and updated landscaping. Utility arrangements vary by property and include city water and sewer, one septic-served parcel, master-metered systems, direct-billed electricity, and selected utilities included in rent. The portfolio carries a combined 7.27% cap rate.
Key Highlights
- Four RV communities in Phoenix, Apache Junction, and Florence, Arizona
- 90 full‑hookup RV sites across the portfolio
- Individual park occupancy ranges from 65% to 100%
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
708
Businesses Nearby
Explore this area
Business Placement
Demographics for 85040, AZ
33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Four Arizona communities include full-hookup sites, utility upgrades, paving work, and occupancy ranging from 65% to 100%.
Where is this mobile home & rv park located?
The property is located at 5615 S Central Ave Phoenix, AZ.
What are key features of this property?
This property features: Four RV communities in Phoenix, Apache Junction, and Florence, Arizona; 90 full‑hookup RV sites across the portfolio; Individual park occupancy ranges from 65% to 100%
