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Property profile & analytics
OFF-MARKET
Estimated value
$86,295,000
Mobile home & RV parks
24 Broadway Ave Apache Junction, AZ 85120
Entity Owned
3-yr Hold
Free & Clear
Property ID
US07-1167073
Property profile
Verified
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Year built
1972
Construction
CONCRETE
Total area
683 SF
Lot
36.74 ac (1,600,394 SF)
APN
101-14-001B
UPID
US07-1167073
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$86.30M
Owner & transaction history
Rock Shadows Owner LLC · 3 yrs held
Rock Shadows Owner LLC
since 2022
Last sale
$85.0M
4 recorded transactions
Zoning & alternative use
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 Apache Junction submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Apache Junction 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
Method
Estimation
Statistic approach
$88,890,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$86.30M
Range $77.67M – $94.92M · ±10% · vs last sale $85.00M (Jul 25 2022)
Last sale anchor
$85.00M
Jul 25 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$126,347 / SF
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
$55,348
Tax year 2023
Assessed value
$608,950
Assessed 2025
Previous assessed
$607,557
+0.2% YoY
Effective rate
9.09%
On assessed value
Assessed land
$220,440
Assessed improvement
$388,510
Land market value
$1,469,600
Improvement market value
$2,590,069
Total market value
$4,059,669
Applied tax rate
4,308.0000
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
CAMPGROUND, RV PARK
Status
Off-Market
Year built
1972
Construction
CONCRETE
Heating
YES
Cooling
EVAPORATIVE
Stories
1
Total area
683 SF
Lot
36.74 ac (1,600,394 SF)
APN
101-14-001B
UPID
US07-1167073
Jurisdiction
PINAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
1
Lot
36.74 ac
Current owner
From public records · entity-resolved
Rock Shadows Owner LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1001 PENNSYLVANIA AVE NW, WASHINGTON, DC 20004-2505
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
—
Rock Shadows Owner LLC
—
Deed
related
$32,750,000 · Wells Fargo Bank NA
Jul 25, 2022
$85,000,000
Rock Shadows Owner LLC
Voorhees Group LLC
Special Warranty Deed
—
Dec 2, 2005
$14,500,000
Voorhees Group LLC
Rock Shadows Partners
Grant Deed
—
Apr 1, 1996
—
Rock Shadows Partners
California Properties Fund
Grant Deed
related
$4,800,000 · Briarcliff Capital Corp
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.
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