Information contained herein has been obtained from the owner of the property or from other sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee it.

Arizona Maverik and Cowboy Mobile Home/RV Park201-139 Crismon Road, Mesa, AZ• $4,000,000 sales price ($3,100,000 Arizona Cowboy/$900,000 Arizona Maverik)• Mostly senior/permanent tenancy ensures year-around revenue• 7.9% cap rate, 15.6% total return on both parks• Great amenities including clubhouse, dog run, putting green, entertainment

areas, BBQ areas, and more• Full hookups at each site• 38 permanent park models and mobiles plus many more annuals• Great return and upside, 2017 numbers showing better than 2016• Highly desirable Mesa market in a gated community

For Further Information Contact:John Sheedy – Associate BrokerCell: 602.821.4666Fax: 480.717.6955jsheedy@parkbrokerage.com

105 Space Senior Mesa Mobile Home and RV Park with Solid Returns and Expansion Potential

Senior Mesa Mobile Home and RV Park

Solid Returns and Park Model Infill and Expansion Upside

Down Payment$1,200,000

Sales Price$4,000,000

Property Information and Description:Located in the prime snowbird area of East Mesa, Arizona Cowboy and Maverik Mobile Home and RV Parks

offer an investor a prime location with the ability to fill up spaces with park models and expand existing spaces for additional cash flow while offering a solid return on current numbers. The park is available as one

packaged portfolio deal or individually at prices of $3,100,000 and $900,000. The park is located on two separate parcels on septic systems but can easily be ran as one park and the owner has an option to buy out RV park owner making this a one package deal. Please see maps and financial information below for more data. Cowboy is a hybrid mobile home and RV park and has 55+ designation and is that has been owner-

operated as an adult park and has verified financials however Maverik (which has been operated as a family park) does not have verified financials so broker has put together pro forma to reflect operating information

based on similar parks in the area. Maverik is an ideal park model play in this market for an experienced investor. There is also an ability to add spaces to Cowboy as the seller has done most of the heavy lifting with

the city and county. Contact broker for more information. Amenities include beautiful clubhouse, gated entrance, sitting and BBQ area, dog run, laundry, showers and bathroom. This is an ideal snowbird turnkey

property with upside due to expansion, park models, and utility billing

THE MANAGEMENT AND GUESTS ARE NOT AWARE PARK IS FOR SALE. PLEASE CONTACT BROKER AS PROPERTY IS GATED COMMUNITY

County

MaricopaState

Arizona

Estimated Vacancy & Expense

SEE ATTACHED

Age

1995

Loan

New Loan

Total Parcel Size

6.75 Acres

No. Spaces

105

Water

City

Sewer

Septic

Price Per Site: $38,095

Address/City

201-139 Crismon, Mesa

Capitalization Rate

7.9%

Cash on Cash

10.5%

Total Return

15.5%

LOAN INFORMATION:Similar properties have secured loans with a 70% LTV and a fixed 10 year term with 25 year amortization with rate adjustable after 5 years and an initial interest rate of 4.75%. Monthly payments to be $15,963 or $191,556 annually.

NET INCOME $318,113

TOTAL ANNUAL PRINCIPAL PAYMENT $191,556

ESTIMATED ANNUAL PRE-TAX $126,557CASH FLOW (No POH/Inc. Rentals)

PLUS PRINCIPAL REDUCTION YEAR 1 $59,852

TOTAL RETURN $186,409

Seller has put in 10 new sites, new berm, and renovated office and store over last 24 months and is a general contractor who runs some personal projects through park R&M pro forma indicates $300/mo per space cost

Seller raised rents and increased advertising in 2015

Services include trash, water testing, credit card processing and landscaping

NOI used for valuation. Pro

forma indicates 57% expense ratio

Arizona Cowboy Financials

Arizona Maverik Financial Information