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

Multifamily Property For Sale

Desert Aire Annex MHP

1730 W. Fort Lowell, Tucson, AZ 85705

Price:
$415,000
No. Spaces:
16
Price/Space:
$25,937.50
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Cap Rate:
8.44%
Occupancy:
100%
Year Built:
1980
Lot Size:
1.50 AC
Find Out More...

Last Verified 10/29/2009 Listing ID 16377237

Highlights

55+ community
No park owned homes.
Gas and Electric directly billed.

Assumable loan with qualfying
Easy to maintain and manage.
$25,937 per space

Description

PRICE REDUCED!! Desert Aire Annex MHP is a 55+ community located on the near northwest side of Tucson, AZ. It is comprised of 16 single-wide spaces with all of the homes having skirting and awnings. The utitlities are; gas and electric directly billed to the tenant and water, sewer and trash included in the rent. This is a very clean, well maintained community whose residents take pride in the property. A new owner will find the property easy to maintain and manage. There are no park owned units. Please don't disturb residents or manager.

Desert Aire Annex is located near shopping, banks, hospitals, etc.. It's close proximity to all of these services offer its residnts a very convenient location.

Financial Summary

Space Mix Information

Debt & Equity Information

Proforma
Year
2009
Scheduled Gross Income
$49,316
Operating Expenses
$14,300
Net Operating Income
$35,016

Description	No. Spaces	Avg. Mo. Rent
single wide spaces	15	$275
manager	1	$201

Map of 1730 W. Fort Lowell, Tucson, AZ 85705 (Pima County)

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Park Properties and Investments

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Contact Listing Broker

Thomas Hoch (520) 797-4376

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Created 8/31/2009

Additional Information for 1730 W Fort Lowell Road, Tucson, AZ 85705

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 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 - Desert Aire Annex MHP

1730 W. Fort Lowell, Tucson, AZ, 85705