Front Unit
Front Unit
Entrance - Mailbox
Entrance - Mailbox
Entrance - Signage
Entrance - Signage
Entrance - Street Frontage
Entrance - Street Frontage
Parcel Map
Parcel Map
Front Unit
Entrance - Mailbox
Entrance - Signage
Entrance - Street Frontage
Parcel Map

Mobile Home Park Details

  • Cap Rate: 8.3%
  • Listing ID: 888060
  • Posted On: Dec 20, 2017
  • Updated On: Dec 30, 2021

Description

9 RV Spaces (2 rented out as storage) + 2 apartments in Tucson, AZ - 90% occupied. Property sits over 1.2 acres. All City Services. Water / Sewer Master-Meted & Included in Rent; Trash is also Included in Rent; Electric & Gas are Sub-Metered and Direct-Billed to tenants.

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Park Information

Community Type: All Age
Number of MH Lots: 9
Total Occupancy: 90.0 %
Year Built: 1958
Average MH Lot Rent: $250
Size: 1 acre(s)

Financial Information (Actual)

Gross Income: $37,560
Operating Expense: $10,508
Net Operating Income: $27,052
Expense Ratio: 28.0 %

Utility Information

Water: City
Water Paid By: Park
Sewer: City