The requested property is removed. Here are active Mobile Home Parks for Sale in Kearny, Arizona

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Mobile Home Park Details

Purchase Method: Seller Financing
Cap Rate: 7.3% (Actual)
Listing ID: 692864
Posted On: Aug 1, 2016
Updated On: Mar 28, 2017

Description

BIG Price Drop and Seller Terms are available on this Money Maker with Great Upside in Rents and Occupancy! Motivated Sellers Ready to Retire and say "Bring Us An Offer! Out of State owners have been happy with 65% occupancy. Now it's time for space rent increases and more aggressive marketing and management! Currently running at a 7.34% cap rate, but with little effort take this to a 10% CAP RATE!! 32 Space RV Park with New Fence and Very Little Maintenance! Great Location Seller will carry!

Amenities

Laundromat
Storage

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Financial Information (Actual)

Gross Income:	$67,866
Operating Expense:	$19,101
Net Operating Income:	$43,960
Expense Ratio:	28.1 %

RV Information

Number of RV Lots:	32
Average RV Lot Rent:	$240

Utility Information

Water:	City
Water Paid By:	Park
Sewer:	City

Park-Owned Homes

Number of Park-owned Homes:	0
Average Rent for Park-owned Homes:	$0

Mountain View RV Park 26 E Rillito Street, Tucson, AZ 85705

Expired Price Reduced