602-648-8712
705 E Miller Rd, Payson, AZ for Sale
Residential LAND - FOR SALE
1/7
263,102 SF

705 E Miller Rd
Payson, AZ 85541


HIGHLIGHTS

  • Compelling Value-Add Opportunity
  • Attractive Alternative Asset Class
  • Strategic Location with Strong Demographics
  • Stable Income with Growth Potential

OVERVIEW

JLL, as an exclusive advisor, is pleased to present the opportunity to acquire Sherwood Forest (the "Property"), a 6.04-acre age-restricted (55+) community situated in Payson, AZ. This asset features 44 fully occupied manufactured housing pad spaces and one single-family residence, strategically located on E Miller Road with good access to major thoroughfares including Arizona State Routes 260 and 87. The property stands out for its meticulous maintenance, comprehensive infrastructure, and 100% occupancy rate, ensuring a superior living experience for its residents. The investment opportunity is particularly attractive given the growing demand for affordable housing alternatives in secondary markets, driven by rising costs in major metropolitan areas. Payson's appeal is further enhanced by its thriving tourism sector, essential healthcare services, and high quality of life, making it an ideal location for the target senior demographic.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Sherwood Forest 55+ Mobile Home Park

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Manufactured Homes/Mobile Home Park

LAND ACRES

6.04 AC

LAND SF

263,102 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets

ZONING

MHP

APN/PARCEL ID

304-04-192,304-04-193,30404214A

ASK ABOUT THIS PROPERTY

Ben GeelanJLLMore Info
602-648-8712

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Ben GeelanJLLMore Info
602-648-8712

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.