Cedar Court 111 S Papago St 36 Unit Mobile Home Park $1,700,000 ($47,222/Unit) 4.83% Cap Rate Springerville, AZ 85938

Cedar Mobile Home Park – Springerville, AZ
A turn-key investment opportunity in the heart of Northeastern Arizona’s scenic White Mountains region. 37 space Mobile Home and RV Park with laundry facility. Nestled in Springerville, AZ, a charming mountain town with a four-season climate and a rich blend of outdoor recreation, history, and community.
Why Cedar Mobile Home Park Stands Out
Established & profitable: The park is clean, well-run, and generating a current NOI of $80,000, proving strong operations and stable cash flow.
Upside potential with minimal capital: With modest investment, projected NOI can grow to $122,000, unlocking significant value.
Scenic & desirable location: Residents benefit from Springerville’s access to nearby National Forest, hiking, fishing, skiing, and cultural attractions.
Stable community base: Springerville may have that small-town feel, but it has a solid median household income, and a steady demand for quality, affordable housing.
Infrastructure advantage: Efficient utilities, well-maintained lots, laundry facility onsite, and a management structure already in place make further growth or optimization straightforward.
Investment Highlights
Current NOI: $80,000
Projected NOI: $122,000 (with minimal capital required for improvements)
Low-risk value-add: Leverage small improvements, increased occupancy, or steady rent growth to capture upside
Long-term stability: Located in a tight, rural market with stable population dynamics and strong community roots
This is a rare chance to own a stable, cash-flowing mobile home park in a mountain-market with real expansion potential and meaningful return on investment.