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

Multifamily Property For Sale

1501 Mobile Home Park

1501 E. Mossman Road, Tucson, AZ 85706

Price:
$106,000
No. Spaces:
4
Price/Space:
$26,500
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
10.46%
Occupancy:
100%
Lot Size:
0.52 AC
Find Out More...

Last Verified 11/10/2009 Listing ID 16463418

Description

Four (4) space rental MHP. All tenant owned mobiles. 100% occupied. Current site rents are 1-$260 and 3-$225. There is value opportunity for increasing these site rents.
Current expenses includes off-site mgt company at $1,145/year.
Easy small park to manage yourself with great income plus the opportunity to raise site rents.
Hurry this park will sell fast.
Do not disturb tenants.

Park and Drexel. South to Mossman. East to address 1501 E. Mossman Road.

Financial Summary

Space Mix Information

Proforma
Year
2009
Scheduled Gross Income
$14,784
Operating Expenses
$3,696
Net Operating Income
$11,088

Description	No. Spaces	Avg. Mo. Rent
Space rentals	4	$260

Map of 1501 E. Mossman Road, Tucson, AZ 85706 (Pima County)

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James Gibson (520) 400-5654

Kristy Kelly (520) 954-1209

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Created 11/8/2009

Additional Information for 1501 E Mossman Road, Tucson, AZ 85706

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 - 1501 Mobile Home Park

1501 E. Mossman Road, Tucson, AZ, 85706