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Property profile & analytics
OFF-MARKET
Estimated value
$45,030,000
Mobile home & RV parks
8350 Mckellips Rd Scottsdale, AZ 85257-4705
Entity Owned
13-yr Hold
Property ID
US07-0395110
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1971
Construction
STEEL FRAME
Total area
7,751 SF
Lot
37.6 ac (1,637,856 SF)
Zoning code
M-H
APN
131-08-007E
UPID
US07-0395110
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
-
Village Home Sales AZ Campground & RV Park
-
Pueblo Sereno Mobile Home Park Campground & RV Park
-
Healthy Air Mask (Bike/Boat/Book/etc) Store Clothing & Fashion Store
-
11th Cavalry Vietnam Veterans Advocacy Group Social Service Agency
-
Plumbing 911 Network Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$47.50M
Blend (final)
Blend
$45.03M
Owner & transaction history
Mhp 4 LLC · 13 yrs held
Mhp 4 LLC
since 2012
5 recorded transactions
Zoning & alternative use
M-H · Scottsdale, 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 Scottsdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scottsdale 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$45.03M
Range $40.53M – $49.53M · ±10%
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
$5,810 / 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
$65,045
Tax year 2023
Assessed value
$1,783,286
Assessed 2024
Previous assessed
$1,512,190
+17.9% YoY
Effective rate
3.65%
On assessed value
Land market value
$15,286,900
Improvement market value
$2,545,960
Total market value
$17,832,860
Applied tax rate
481,400.0000
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
1971
Construction
STEEL FRAME
Heating
HEAT PUMP
Buildings
3
Stories
1
Total area
7,751 SF
Lot
37.6 ac (1,637,856 SF)
Zoning code
M-H
APN
131-08-007E
UPID
US07-0395110
Jurisdiction
MARICOPA
Zoning & alternative use
M-H · Scottsdale, AZ
Zoning M-H · permitted uses
M-H · Scottsdale, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Scottsdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Construction
STEEL FRAME
Heating
HEAT PUMP
Stories
1
Buildings
3
Lot
37.6 ac
Current owner
From public records · entity-resolved
Mhp 4 LLC
Entity
Mailing address
10679 N FRANK LLOYD WRIGHT BLVD STE #103, SCOTTSDALE, AZ 85259-2675
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
—
Mhp 4 LLC
—
Deed
related
$19,950,000 · Homestreet Bank
Aug 1, 2012
$13,200,000
Mhp 4 LLC
Pueblo Sereno Mobile Hm Park L
Warranty Deed
$8,750,000 · Beech Street Capital LLC
Jun 3, 2009
—
Sereno Mobile Hm Park L Pueblo
—
Deed Of Trust
related
$15,000,000 · First Community Bank
Nov 30, 2006
—
Sereno Mobile Hm Park L Pueblo
—
Deed Of Trust
related
$7,500,000 · First Community Bank
Jun 22, 1998
$4,985,890
Sereno Mobile Home Park Pueblo
Green Acres Mortuaries & Cemet
Grant Deed
—
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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