Contact Information

Todd Fletcher

ARA MHC Group

Mobile Home Park Details

  • Price: $750,000
  • Property ID: 1430545
  • Posted On: Apr 29, 2021
  • Updated On: Apr 29, 2021

Property Description

Alvord MHC is a 26-site community
located in an infill south Tucson
location directly between Tucson
International Airport and Davis-
Monthan Air Force Base.
– The community is within close proximity of many large
employers including logistics and manufacturing firms
and an Amazon fulfillment center.
– With 7 vacant sites and lot rents of only $370, there is
a significant value add opportunity for the next owner to
increase revenue through a combination of bringing in
homes and raising lot rents. The last rent increase was
in May 2019, so the community is due for another.
– There are currently 5 park owned homes at the
community, one of which is a stick-built home that
is currently vacant. Of the remaining 4 park owned
homes, 3 are currently occupied as pure rentals. There
are also 3 abandoned homes on the property that
owner plans to have removed in the coming weeks
which have been included in the vacant site count.
– A manager currently oversees this park in addition to 2
others for the owner and will not be coming with the
park. Owner estimates if you had to hire someone it
would probably be a part time manager for 20 hours a
week at $12.50/hour for an annual cost of $12,000.
– Strong area demographics with nearly 607,000
population within a 10-mile radius from the community
that is expected to grow to over 625,000 people by
the year 2025, and average home values of almost
$210,000.

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Park Information

Community Type: All Age
Number of MH Lots: 26
Size: 2 acre(s)

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