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    5400 14250 Wales, UT 84623

    For Sale
    $3,300,000

    48 Units, 10 Acres, High ROI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a 48-unit mobile home park nestled on a spacious 10-acre lot in the historic district of Sanpete County, Utah. Located at 5400 E 14250 N, Chester, UT 84623 (39.484937, -111.6035185), this property offers significant potential for strong returns. The asking price is $3,300,000, translating to an attractive price per unit of $68,750. The park's convenient location provides easy access to Highway 89, enhancing its appeal to residents and ensuring convenient transportation links. This established mobile home park represents a turnkey investment, ideal for experienced investors seeking a stable and profitable addition to their portfolio. The substantial lot size offers potential for future expansion or development, further increasing the long-term value proposition. The property is situated in Wales, Utah, within Sanpete County, providing a desirable location with a rich history. This is a rare opportunity to acquire a well-established, multi-unit mobile home park in a prime location with excellent growth potential. The property's size and unit count make it an attractive investment for those seeking scale and diversification within the mobile home park sector. Serious inquiries are encouraged.

    Property Features for 5400 14250

    General Information

    Property type
    Multifamily properties
    Lot Size
    435,600 SF

    Building Details

    Units
    48

    HighLights

    • $3,300,000 asking price for a 48‑unit mobile home park.
    • 10‑acre lot size in Chester, Utah.
    • Located in Sanpete County's historic district.
    • Convenient access to Highway 89.
    • $68,750 per unit price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Wales
    County
    Sanpete
    State
    Utah
    Longitude
    -111.6035185
    Latitude
    39.484937

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    FAQs

    What type of property is this?
    Multifamily property - 48 Units, 10 Acres, High ROI
    Where is this multifamily property located?
    The property is located at 5400 14250 Wales, UT.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: $3,300,000 asking price for a 48-unit mobile home park.; 10-acre lot size in Chester, Utah.; Located in Sanpete County's historic district.
    (801) 361-9798
    Request Owner's contact information
    5400 14250 Wales, UT 84623
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    5400 14250
    Wales, UT 84623
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5400 14250 Wales, UT 84623
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