Phoenix · Commercial sale
Paradise North Estates buys 18026 N Cave Creek Rd in Phoenix for $25 million
A manufactured home park at 18026 N Cave Creek Rd, Phoenix sold for $25,000,000 on September 2, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $25,000,000
- Sold
- September 2, 2026
- Property type
- Manufactured home park
- Lot size
- 767,511 sq ft
- Year built
- 1976
A manufactured home park in Phoenix sold for $25,000,000 on September 2, 2026—more than three times its assessed market value of $8,098,771, according to Maricopa County Assessor's parcel records. Paradise North Estates LLC acquired the property at 18026 N Cave Creek Rd.
The 17.62-acre lot was built in 1976, per the Assessor's records. The sale price of $25,000,000 represents a 3.1 times multiple over the property's recorded market value.
What this sale costs to close
What does closing cost at this price? Under Maricopa County custom the seller's larger charges are $46,175 for the owner's title insurance policy and $650 for the escrow fee. The seller's estimated net is $24,852,440 before brokerage commissions and any loan payoff. A cash buyer would need about $24,899,995 at closing.
Source: Maricopa County Assessor parcel records, document 20260518790. Property details: Maricopa County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
