53390 E US Highway 60

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Address: 53390 US-60, Miami, AZ 85539, USA
Created date: September 6, 2024
Date last updated: February 7, 2025
  • Top of the World, Miami AZ
  • 15 RV MH sites
  • Triplex rented
  • Former Restaurant building with restrooms ( vacant)
  • Small office building ( vacant)
  • Trading post ( jerky sales leased for $300 month)
  • Long term tenants
  • No park owned models
  • Potential to expand park and add sites
  • 4 Wells on property, 2 currently serving the property
  • 1/2 Acre on Oak ln with second well house is vacant and additional RV/MH sites could be added.
  • Robust mining industry housing supply need

Property Description

Invest in a prime opportunity with this RV/mobile home park located at The Top of the World, Miami, AZ. This property boasts a 1100 SF tri-unit apartment building, 1000 SF former restaurant building , 800SF retail building and 900 SF office building. 15 RV/ MH sites, and a rich history dating back to 1955, with renovations in 1996. Benefitting from a Manufactured Home zoning, the park's 95% occupancy with monthly income offer a strong foundation. Situated in the Miami area, the property holds potential for expansion and has 4 wells, with 2 of the wells currently servicing the property, there's significant value-add potential awaiting the savvy investor. Copper mining accounts for the largest number of jobs in Miami. According to the 2002 annual report of the Arizona State Mine Inspector, Freeport-McMoRan employed nearly 600 at its Miami operations, including 330 at the smelter and 187 at the mine. The Miami smelter and rod plant continue to operate. In 2016, copper production at Miami amounted to 25 million pounds of copper. In 2017, copper production was 19 million pounds, and more than 740 people were employed there. The Pinto Valley mine is also located near Miami. The Pinto Valley Mine is a large copper mine located in Arizona, in the southwestern part of the United States. Pinto Valley represents one of the largest copper reserves in the United States and in the world, having estimated reserves of 446 million tons of ore grading 0.25% copper.[1] It is located in Gila County, near the town of Miami. The mine owns the San Manuel Arizona Railroad.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $795,000
No. of Units: 18
Year Built: 1955
Lot Size: 3.61 Sq ft
Opportunity Zone: No
Price per unit: $44,167
Property Website Click Here
Address: 53390 E US Highway 60, Miami, AZ 85539, USA
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