$1,375,000

349 N Royal Palm Rd Unit LOT Apache Junction, AZ 85119

Estimated payment $7,790/month

Total Views 186
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • Heating System Uses Natural Gas

About This Home

PROFITABLE AND WELL KEPT 16-unit mobile home park in Apache Junction, AZ with stunning Superstition Mountain views. This well-maintained park offers a strong mix of park-owned and tenant-owned units, generating income from both space rent and home rentals. Stable tenant base and high occupancy provide consistent cash flow. Several units are currently below market, offering upside through rent increases. Located in a quiet, scenic area with easy access to amenities. A rare turnkey investment with strong current returns and future growth potential.
Current ''Owner'' unit conveys as well for new owner residence OR rent it out for additional revenue!

Listing Agent

Robert Gomez

Superstition Real Estate and Property Management LLC License #BR659215000 Listed on: 07/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,356

Year Built

  • Built in 1967

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Metal Roof
  • Block Exterior

Flooring

  • Wood
  • Concrete

Parking

  • 20 Open Parking Spaces
  • 25 Parking Spaces
  • Carport
  • Free Parking

Schools

  • Apache Junction High School

Utilities

  • Evaporated cooling system
  • Multiple cooling system units
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 101-18-030

Community Details

Overview

  • 14 Buildings
  • 16 Units
  • Building Dimensions are 1.6 Ac
  • S21 T1n R8e Subdivision

Building Details

  • Operating Expense $11,771
  • Gross Income $133,467
  • Net Operating Income $97,008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,356

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Cross Street: Apache Trail and Idaho
  • Legal Info Range: 08E
  • Property Type: Multiple Dwellings
  • Zoning: 0840/M
  • Number Of Buildings: 14
  • Ownership: Fee Simple
  • Year Built: 1967
  • Mobile Home Prk Info Avg Rent R V Spaces: 650.0
  • Average Rent Single Wide: 1145.0
  • Mobile Home Prk Info Total Number Spaces: 14
  • Tax Year: 2024
  • Directions: HWY 60 to Tomahawk
  • Road Surface Type: Asphalt
  • Subdivision Name: S21 T1N R8E
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source Private14: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Concrete
  • Appliances: Free-Standing Range, Refrigerator, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Composition, Metal
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Free, Carport
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 25.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 25.0
  • Exterior Amenities:RVBoat Parking: Yes
  • Parking Features:Carport: Yes
  • Parking Features Free2: Yes

Utilities

  • Electric: SRP
  • Cooling: Central Air, Evaporative Cooling, Window/Wall Unit, 2 or More Units
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Partially Fenced: Yes
  • Exterior Amenities:Separate Storage: Yes

Fee Information

  • Trash Expense: 2560.0
  • Annual Water Sewer Expense: 1690.0

Schools

  • High School: Apache Junction High School
  • Junior High Dist: Apache Junction Unified District

Lot Info

  • Lot Size: 1.6 Ac
  • Additional Parcels: No
  • Parcel #: 101-18-030

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 16
  • Annual Gross Income: 133467.4
  • Insurance Expense: 2629.0
  • Maintenance Expense: 2536.0
  • Property Net Operating Income: 97008.0
  • Annual Operating Expense: 11771.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 2356.0
  • Tax Book Number: 101.00
  • Tax Lot: 0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $1,375,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6898270

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Pinal County Apache Junction 85119

349 N Royal Palm Rd Unit LOT, Apache Junction, AZ

This home is located at 349 N Royal Palm Rd Unit LOT, Apache Junction, AZ 85119 and is currently priced at $1,375,000. This property was built in 1967. 349 N Royal Palm Rd Unit LOT is a home located in Pinal County with nearby schools including Desert Vista Elementary School, Cactus Canyon Junior High School, and Apache Junction High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
Robert Gomez
Listing Agent
Robert Gomez
Section Image
Superstition Real Estate and Property Management LLC
(480) 465-0454