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Foothills Mobile Home Park 349 N Royal Palm 16 Unit Mobile Home Park $1,532,800 ($95,800/Unit) Apache Junction, AZ 85119

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Investment Highlights

High-Performing Asset: 97% occupancy with straightforward operations and limited complexity.
Operational & Income Upside: Owner-operator management, renovated park-owned units, and multiple storage areas create clear paths to NOI growth.

Capital Improvements Already Completed: Recent septic and roadway upgrades reduce entry-level risk.
Resident-Friendly Amenities: Mini-golf feature creates community feel uncommon in comparable parks.

Executive Summary

Located near State Route 88 (the Apache Trail) in Apache Junction, Arizona, Foothills Mobile Home Park offers investors a rare combination of near-stabilized occupancy and recent capital improvements in one of the East Valley’s most affordable housing markets. The property is 97% occupied and has been owner-operated, providing a solid operational foundation with identifiable upside for professional management. Recent upgrades include a 2023 on-site septic system update and newly sealed roadways, significantly reducing near-term capital expenditure risk. Additional highlights include park-owned units with remodeled bathrooms, multiple on-site storage and garage areas offering ancillary income potential, and a unique central mini-golf amenity that enhances community character and supports long-term tenant retention.
Apache Junction continues to benefit from strong population and housing demand driven by affordability, regional job access, and in-migration to the Phoenix metro, while maintaining a distinctive outdoor lifestyle at the gateway to the Superstition Mountains and Lost Dutchman State Park. Foothills Mobile Home Park’s location near State Route 88 provides convenient connectivity to Mesa, Phoenix, and the broader East Valley employment base, appealing to both retirees and workforce residents. For buyers and investors, the property represents a durable, recession-resistant investment with in-place cash flow, infrastructure certainty, and clear value-add potential in a supply-constrained market where affordable housing continues to outperform broader residential alternatives.

Flyer_Foothills Mobile Home Park

Property Facts

Price	$1,532,800	Building Class	C
Price Per Unit	$95,800	Lot Size	1.68 AC
Sale Type	Investment	Building Size	644 SF
No. Units	16	No. Stories	1
Property Type	Multifamily	Year Built	1967
Property Subtype	Manufactured Housing/Mobile Home	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,532,800
Price Per Unit	$95,800
Sale Type	Investment
No. Units	16
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home
Building Class	C
Lot Size	1.68 AC
Building Size	644 SF
No. Stories	1
Year Built	1967
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.