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Browse More Listings in Multifamily For Sale, Tucson, AZ or Arizona

Multifamily Property For Sale

5755 S Fontana Mobile Home Park

5755 S Fontana St, Tucson, AZ 85706

Price:
$269,900
No. Spaces:
16
Building Size:
1,045 SF
Price/Space:
$16,868.75
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
12%
Occupancy:
100%
Year Built:
1938
Lot Size:
0.90 AC
Tax ID / APN #:
138-10-0100
Find Out More...

Last Verified 11/2/2009 Listing ID 15237007

Highlights

Adult Trailer Park 100% Occupied
Great Investment Opportunity 12% CAP Rate
Long Term Residents some 20 Years

Quiet Street, Low Maintenance
All Mobile Homes are Tenant Owned
Net Operating Income (Actual) $35,940.

Description

15 Trailer Pads occupied by Tenant owned Mobile Homes. 1 small home 1045 SF 2BR 1BA. Some tenants have lived there 20 years. Rents haven't been adjusted for 2 years. Opportunity to increase rents immediately.

Near Airport on South West side of Tucson. New apartments 1/4 mile away. Neighbor hood is upgrading with newly remodled homes. Paved streets.

Attachments

Enhanced Listing Web Site

Financial Summary

Space Mix Information

Proforma
Year
2007
Scheduled Gross Income
$43,200
Effective Gross Income
$40,608
Operating Expenses
$4,668
Net Operating Income
$35,940

Description	No. Spaces	Avg. Mo. Rent	Sq. Ft.
Typical Pad	15	$200	200
House	1	$600	1,048

Map of 5755 S Fontana St, Tucson, AZ 85706 (Pima County)

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Presented by

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Contact Listing Broker

Chuck Corriere (520) 400-9811

Clint Nelson (520) 465-8518

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Created 7/12/2007

Additional Information for 5755 S Fontana Avenue, Tucson, AZ 85706

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - 5755 S Fontana Mobile Home Park

5755 S Fontana St, Tucson, AZ, 85706