20 Units in Tucson, AZ - 100% occupied. 16 Park-Model mobile homes, 3 1-bedroom Apartments and 1 Studio. Lot rents are $250 and apartments are at $500. There is a coin-operated washer/dryer unit that pulls in almost $2k annually and the owner bills back for water. Offered at $625k for a 8.62% cap rate. Financing with 30% down at 5.75% over 30 years, producing a 12.4% cash-on-cash return!
Amenities
Laundromat
Interested in purchasing this mobile home park? Get pre-qualified for a loan.