Tucson Palms RV Park
Tucson Palms RV Park
BBQ Area
BBQ Area
Landscape
Landscape
Tucson Palms
Tucson Palms
Tucson Palms
Tucson Palms
Picnic Area
Picnic Area
Remodeled Pool
Remodeled Pool
Remodeled Pool
Remodeled Pool
Pool picnic area
Pool picnic area
Pool Area
Pool Area
Tucson Palms RV Park
BBQ Area
Landscape
Tucson Palms
Tucson Palms
Picnic Area
Remodeled Pool
Remodeled Pool
Pool picnic area
Pool Area

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing, Assumable Loan
  • Cap Rate: 9.4%
  • Listing ID: 422758
  • Posted On: Jan 27, 2014
  • Updated On: Dec 30, 2021

Description

Tucson Palms is a Nice and Well Maintained RV Park!
GREAT LOCATION in Tucson (right off 10 fwy, Prince exit).
SELLER FINANCING (with $270K Down)!!
Motivated Seller, would offer better terms with All Cash Sale.

***NOTE: Proforma on Expenses due to utilities
adjustment to new Buyer's mode of operation.***

Tucson Palms RV Park is an 81-Space all-age RV Park, consisting of RV’s and park models. Amenities include: remodeled swimming pool, clubhouse, park office, full laundry room, new restrooms/showers, an attractive common area, Desert Landscaping and high-speed WIFI Internet.

Brick Clubhouse with attached 2500 sq ft, 3BR/2BA Home for Owner or Manager!!

Park upgrades include paved roads, desert landscaping, wrought-iron fencing, newer irrigation system t/o park, remodeled pool area. Upgraded electrical system installed with 50-30-20 amp service provided, upgraded copper underground wire, newer 50-Amp pedestals and meters. Park is “turn-key” and ready for new owner.

All spaces are sub-metered. Electric is billed back to residents (except daily/weekly RV Guests).
City Utilities; Water, Sewer & Trash are included in base rent.
Park has spacious RV lots to accommodate "Pull Throughs" & Park Models. The park attracts many RV'ers due to its convenient location and serene environment. This park consists of a mixture of long-term residents & short-term RV travelers.

Due to strong Tucson rental market, Owner can bring in “Park-Models” for Rent and/or Sale to local residents or Snowbirds. Tucson Palms can achieve 90%+ Occupancy “Year Round”. This would increase the net income greatly and offer the new buyer tremendous upside income potential!!

Amenities

  • Laundromat
  • Pool
  • Storage
  • Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 81
Total Occupancy: 75.0 %
Year Built: 1958
Average MH Lot Rent: $325
Size: 4 acre(s)

Financial Information (Pro Forma)

Debt Info: $330,000 Assumable Loan

Lot Information

Park Model Lots: 77

RV Information

Number of RV Lots: 81
Average RV Lot Rent: $325

Utility Information

Water: City
Water Paid By: Park
Sewer: City