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Property profile & analytics
OFF-MARKET
Estimated value
$94,160,000
Mobile home & RV parks
702 Meridian Rd Apache Junction, AZ 85120-6482
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US07-1399974
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1985
Construction
CONCRETE
Total area
1,657 SF
Lot
68.8 ac (2,996,841 SF)
Zoning code
RU-43
APN
220-77-005D
UPID
US07-1399974
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
-
Primo Water Refill Big Box & Wholesale Store
-
Superstition Sunrise, 55+ RV Resort Home Community Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$94.16M
Owner & transaction history
Cpi Superstition Sunrise Owner LLC · 5 yrs held
Cpi Superstition Sunrise Owner LLC
since 2020
Last sale
$88.0M
2 recorded transactions
Zoning & alternative use
RU-43 · Apache Junction, 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 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
$106,480,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$94.16M
Range $84.74M – $103.58M · ±10% · vs last sale $88.00M (Sep 22 2020)
Last sale anchor
$88.00M
Sep 22 2020
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
$56,826 / 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
$134,882
Tax year 2023
Assessed value
$1,735,940
Assessed 2024
Previous assessed
$1,369,900
+26.7% YoY
Effective rate
7.77%
On assessed value
Land market value
$7,359,900
Improvement market value
$9,999,500
Total market value
$17,359,400
Applied tax rate
40,000.0000
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
Year built
1985
Construction
CONCRETE
Heating
HEAT PUMP
Buildings
7
Stories
1
Units
3
Total area
1,657 SF
Lot
68.8 ac (2,996,841 SF)
Zoning code
RU-43
APN
220-77-005D
UPID
US07-1399974
Jurisdiction
MARICOPA
Zoning & alternative use
RU-43 · Apache Junction, AZ
Zoning RU-43 · permitted uses
RU-43 · Apache Junction, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Apache Junction. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE
Heating
HEAT PUMP
Stories
1
Buildings
7
Units
3
Lot
68.8 ac
Current owner
From public records · entity-resolved
Cpi Superstition Sunrise Owner LLC
Entity
Mailing address
1001 PENNSYLVANIA AVE NW STE #220, WASHINGTON, DC 20004-2525
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2020
$88,000,000
Cpi Superstition Sunrise Owner LLC
Superstition Sunrise
Warranty Deed
$50,600,000 · Western Southern Life Assurance Com
Sep 22, 2005
—
Sunrise Superstition
—
Deed Of Trust
related
$5,000,000 · John Hancock Life Insurance Co
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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