Mobile Home Park Details
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 1369795
- Posted On: Dec 17, 2020
- Updated On: Aug 16, 2021
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!
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 % |
Lot Information
Singlewide Lots: | 6 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | Septic |