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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
2340 University Dr Tempe, AZ 85288-4726
Entity Owned
6-yr Hold
Absentee Owner
Property ID
US07-1121350
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Lot
16.1 ac (701,316 SF)
Zoning code
R-4
APN
135-39-014G
UPID
US07-1121350
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Alexandeer painting Painting
-
Tempe Cascade Mobile Home Estates Campground & RV Park
-
Hemis cleaning services Hardware & Home Improvement
-
ABS Virtual Staffing LLC Employment Agency
-
Balloon Art Wedding Service Event Planning
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mhp 25 LLC · 6 yrs held
Mhp 25 LLC
since 2019
7 recorded transactions
Zoning & alternative use
R-4 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Tempe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tempe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$21,881
Tax year 2023
Assessed value
$403,010
Assessed 2024
Previous assessed
$341,540
+18.0% YoY
Effective rate
5.43%
On assessed value
Land market value
$4,030,100
Total market value
$4,030,100
Applied tax rate
31,600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Heating
NONE
Lot
16.1 ac (701,316 SF)
Zoning code
R-4
APN
135-39-014G
UPID
US07-1121350
Jurisdiction
MARICOPA
Zoning & alternative use
R-4 · Tempe, AZ
Zoning R-4 · permitted uses
R-4 · Tempe, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tempe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
16.1 ac
Current owner
From public records · entity-resolved
Mhp 25 LLC
Entity
Mailing address
10679 N FRANK LLOYD WRIGHT BLVD STE #103, SCOTTSDALE, AZ 85259-2675
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2019
—
Mhp 25 LLC
Mhp 1 LLC
Quit Claim Deed
related
$17,000,000 · Bok Fin'l
Jul 18, 2018
$27,000,000
Charles G Irion
Interstate Ventures V LLC
Special Warranty Deed
—
Feb 23, 2018
—
Albert J Lacanne
Interstate Ventures V LLC
Quit Claim Deed
related
—
Jun 30, 1988
$6,000,000
Interstate Ventu
Tempe
Grant Deed
—
—
—
Interstate Ventures V LP
—
Loan Modification
related
$10,000,000 · Arizona Busn Bk
—
—
Mhp 25 LLC
—
Deed Of Trust
related
$22,750,000 · Orix R/e Cap
—
—
Interstate Ventures V LP
—
Deed Of Trust
related
$9,615,000 · Arizona Busn Bk
—
—
Interstate Ventures V LP
—
Loan Modification
related
—
—
—
Ventures V Interstate
—
Deed Of Trust
related
$10,000,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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