Flagstaff Mobile Home Community Sells for $2,200,000

Park Brokerage Inc. is proud to announce the sale of Elden Shadows Mobile Home Community located in Flagstaff, Arizona was completed on November 1, 2017 for the price of $2,200,000.   John Sheedy with Park Brokerage Inc. arranged the seller-financed sale on behalf of the seller and procured the buyer who is an experienced MHC owner and operator.

Elden Shadows is a 51 space mobile home community with one single family home on 5.67 acres located in the Doney Park area of Flagstaff.  The park was 100% occupied at the time of sale and in excellent condition.  The park is on municipal water and on a septic system.  All the spaces contained singlewide homes however most if not all were 2/3 bedroom units afforded by the deep space sizes.  The park has chip-sealed roads and a common area park and playground.

John Sheedy commented “Elden Shadows has a newer home inventory, low rents in the market, and historically high occupancy rate which make this an ideal investment for an experienced operator.  I expect Elden to continue being one of the cleanest parks in the area and a desirable family community.”

Please feel free to contact John for more information about this sale at 602-821-4666 or atjsheedy@parkbrokerage.com