8958 6 Shooter Canyon Rd Globe, AZ 85501

Mountaingate Mobile Home Park is an all-age community with 110 sites, located near the Pinal Mountain range in Globe, Arizona, approximately 90 miles east of the Phoenix International Airport. Situated on 19.53 acres, the community has a site density of 5.73 sites per acre and newly paved asphalt roads. Built in 1978, the park is near the Tonto National Forest, Gila Community College, and the Globe Community Center. The community consists of 110 mobile home sites with an average site rent of $500, and there are 21 park owned homes (10 Occupied | 11 Vacant). Five of the park-owned homes are 2021 3bd/2ba Clayton Models and are not included in the purchase price, however, a qualified buyer can assume the remaining debt from 21st Mortgage Company. These homes are renting from $975-$1100 and the other homes are rented for $700-$1025. The park provides direct-billed gas and electric, well water with two new 10,000-gallon poly water tanks (sub-metered), sewer with a wastewater treatment plant pumped into an evaporative pond (flat rate of $22.35 to tenants), and trash services (flat rate of $25 to tenants). The T-12 (December 2024 - November 2025) gross income was $430,157 with a net operating income of $255,995 with expenses at 40.49% ($1,598 Exp/Site). The current budget gross income is $467,782 with an expense load of $217,587 (46.51%) at $1,996 per site. At approximately 60% current occupancy, Mountaingate Estates offers an incoming buyer significant in-fill upside with strong in-place cash flow.