3302 E VAN BUREN ST Phoenix AZ 85008-6818

Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, is pleased to offer the opportunity to acquire the 66-unit Sands Mobile Home Park, a well-located affordable housing opportunity located 4 miles from downtown Phoenix. The Phoenix metro continues to be one of the fastest growing population centers in the country.

The property is inclusive of a mix of 64 single and double wide units (tenant-owned), 1 apartment and 1 multi-use commercial building. Owner recently completed replacement of old water lines.

Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a

Colliers Manufactured Housing & RV Group Linkedin Page:
https://www.linkedin.com/company/35565066

Other opportunities:
https://www.crexi.com/profile/mike-nissley-mikeni

MH Park Groups:
https://www.facebook.com/groups/1971542136217030
https://www.linkedin.com/groups/12180353

RV Park Groups:
https://www.facebook.com/groups/2040575082699586
https://www.linkedin.com/groups/12180303

• Rents are below market averaging $499/month with Phoenix market average rents of $732 which grew 9.4% from 2023 and 6.5% on average since 2017.

• Rents can be increase in October 2025. Assuming a $100 increase, the yield on asking price would be 6.8%.

• The 66 unit all-tenant owned property is 100% leased with a strong on-site manager.

• No collection issues and minimal management oversight required (out of state owner).

• Excellent location just 4 miles east of downtown Phoenix and I-10, with a population of over 1,650,000 residents and 2 miles north of Phoenix International Airport.