Mobile Home Park Details
- Cap Rate: 8.3%
- Listing ID: 888060
- Posted On: Dec 20, 2017
- Updated On: Dec 30, 2021
Description
9 RV Spaces (2 rented out as storage) + 2 apartments in Tucson, AZ - 90% occupied. Property sits over 1.2 acres. All City Services. Water / Sewer Master-Meted & Included in Rent; Trash is also Included in Rent; Electric & Gas are Sub-Metered and Direct-Billed to tenants.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 9 |
Total Occupancy: | 90.0 % |
Year Built: | 1958 |
Average MH Lot Rent: | $250 |
Size: | 1 acre(s) |
Financial Information (Actual)
Gross Income: | $37,560 |
Operating Expense: | $10,508 |
Net Operating Income: | $27,052 |
Expense Ratio: | 28.0 % |
Utility Information
Water: | City |
Water Paid By: | Park |
Sewer: | City |