Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.0% (Actual)
- Listing ID: 388771
- Posted On: Jul 24, 2013
- Updated On: Sep 22, 2014
Description
PRICED REDICED $300,000!!! Cottonwood and Esperanza MHP's are adjacent, all age communities, located on the south side of Tucson, AZ. Cottonwood MHP is comprised of 65 spaces and a single family dwelling. Esperanza MHP is comprised of 17 spaces. Both properties are on city water and sewer systems. They are clean, well maintained communites with no deferred maintenance. Amenities include a swimming pool, office and laundry. There are no park-owned rental homes.
Location
The property is located on the south side of Tucson. The surrounding area is comprised of other MHP's and single family homes.
Amenities
- Laundromat
- Pool
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 83 |
| Total Occupancy: | 90.0 % |
| Average MH Lot Rent: | $347 |
| Size: | 8 acre(s) |
Financial Information (Actual)
| Gross Income: | $374,000 |
| Operating Expense: | $167,092 |
| Net Operating Income: | $207,153 |
| Expense Ratio: | 44.7 % |
| Debt Info: | none |
Lot Information
| Singlewide Lots: | 83 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |