THE OWNER WILL NOW CARRY $695,000.00 ($550,000.00 DOWN) @ 4.5% INTEREST ONLY YEARS 1 & 2 THEN 5% INTEREST ONLY YEARS 3 & 4, FROM YEARS 5 THRU 12 THE PAYMENT WILL BE @ 5% INTEREST BASED ON A 30 YEAR AMORTIZATION WITH THE NOTE ALL DUE & PAYABLE 12 YEARS FROM C.O.E.

The seller has owned this property for 21 years. She lives on-site in a 2 bedroom, 1 bath home with a den and Arizona room. The owner estimates that she could comfortably rent the home for $1,200.00 per month. There are 2 park-owned homes that go with the sale. The owner’s son lives in one of them and a tenant in the other. The son is the on-site manager. The office is attached to the common area building which is currently being used as storage. The building has a kitchen and one bath and a conversion into a 2 bedroom manager’s unit really makes sense, since the park office is attached through a doorway.
The owners have created a website (www.desertqueen.net) which has been very successful in filling the park during the season. Currently there are 43 permanent tenants. The laundry room is located in the back of the property (6 washers / 4 dryers) with two common area baths that include showers.