Contact Information

Mobile Home Park Details

  • Price: $155,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Property ID: 1369795
  • Posted On: Dec 17, 2020
  • Updated On: Feb 18, 2021

Property Description

**Listing Broker: Richard Spreiser, MFI Commercial**

Link to Offering Memorandum & Public Files:

https://drive.google.com/drive/folders/1alLw-m8wiC0u2ds7wdDwbM9KvwuaxQOF?usp=sharing

This is a unique opportunity to purchase a 100% Occupied, 6 space Mobile Home Park in Tucson Arizona. This property has a low operating expense ratio, and is ready for an incoming buyer to pick up the baton.
Currently this community is 100% Tenant Owned. Property is on City Water & One Septic Tank with ALL UTILITIES BILLED TO TENANT! Owner has replaced Leach Field & Gas Lines, working to convert water lines to PVC!
Great Low Maintenance Property! Seller has created a sound community, and the perfect opportunity for an incoming buyer to break into the Tucson Market! Seller Financing Available with right offer, Opportunity to Bring Rents to Market!

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

Park Information

Number of MH Lots: 6
Total Occupancy: 100.0 %
Average MH Lot Rent: $250
Size: 0 acre(s)

Financial Information (Actual)

Gross Income $18,000
Operating Expense $19,625
Net Operating Income $16,037
Expense Ratio 109.0 %
Debt Info

Lot Information

Singlewide Lots: 6

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 0

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