Contact Information

Mobile Home Park Details

  • Price: $135,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.0%
  • Property ID: 1222306
  • Posted On: Mar 3, 2020
  • Updated On: May 24, 2020

Property Description

Small 14 space family park in historic Bisbee Arizona! Upside to a 15% Cap Rate!
See the attached marketing package for details.

Location

Bisbee is a former mining town now turned artist colony and haven for seniors. Mild four season climate at 4000' elevation!

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 14
Year Built: 1968
Average MH Lot Rent: $215
Size: 2 acre(s)

Financial Information (Actual)

Gross Income $23,220
Operating Expense $11,275
Net Operating Income $10,784
Expense Ratio 48.6 %
Debt Info Cash or Cash-to-New-Loan

Lot Information

Singlewide Lots: 14

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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