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360 W 400 N photo 11 / 14

$65,000

Reduced from $75,000 · 6 days ago

360 W 400 N, Springville, UT 84663

Type

Mobile Home

List Price

$65,000

Price/Sqft

$87

Est Gross Yield

23.6%

$15,324/yr est.

Property Details

Property typeMobile Home
Year built1979
Total units1
Living area744 sqft
Bedrooms2
Bathrooms2
Lot size0.01 acres
Parking2 spaces
Days on market44
Listed2026-05-10T00:00:00+00:00

Description

With an updated kitchen, newer flooring, added living space, and central A/C, this home offers both comfort and functionality. The enormous backyard provides a great setting for relaxing, entertaining, gardening, or enjoying the shade from three mature fruit trees. A separate storage shed offers additional space for tools, seasonal items, or extra belongings. Conveniently located just minutes from schools, the local library, the Springville Museum of Art, shopping, dining, and with quick access to I-15 for an easy commute. Buyer must apply and be approved by Green Acres Mobile Home Park prior to submitting an offer. The park manager (Shayleena Gaitan) can be reached at 385-505-4797 or via email at greenacres@ipgliving.com. Current monthly park fee is $900.94 and includes Lot Rent ($850.00), Sewer ($15.89), Storm Water ($6.18), and Water ($28.87). There is a 2-pet maximum with breed restrictions; pet fee is $20 per pet. Sale is for the mobile home only (personal property) and does not include land. Land is leased through Green Acres Mobile Home Park. Financing options for the mobile home may be available; contact agent for additional information. Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement and verify all information.

Listed by John Quijano · Real Estate Essentials

Location

360 W 400 N, Springville, UT 84663

Proforma

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Cap Rate

15.68%

Cash-on-Cash

29.34%

Cash Flow

$596/mo

Purchase Price$65,000
Down Payment35% ($22,750)
Interest Rate6.00%
Monthly Rent$1,277/mo
Vacancy5%
Expense Ratio30% ($4,367)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/23/2026, 4:05:18 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.