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Investment Highlights

  • ATTRACTIVE SELLER FINANCING
  • Strong historical financials
  • Historically high occupancy & long term tenancy
  • Value add opportunity
  • Mix of park owned and tenant owned homes
  • Operational upside & below market rents

Executive Summary

Columbus Mobile Home Park is a 19-space MHP community ideally positioned in Central Tucson near Speedway Blvd. and Alvernon Wy. Offered with ATTRACTIVE SELLER FINANCING, the property presents investors with a compelling opportunity to acquire a well-located asset with strong historical performance and meaningful value-add potential. Long-term ownership has maintained historically high occupancy and fostered a stable tenant base, providing a solid foundation for future growth.
The community features a mix of park-owned and tenant-owned homes (3 – vacant/rent ready, 5 – lot rent, 11 – park owned), creating multiple income streams and operational flexibility. Several vacant homes are currently in rent-ready condition, providing immediate upside through lease-up opportunities. In addition, all residents are on month-to-month rental agreements, allowing new ownership the ability to strategically implement rental increases and improve overall operations.
Columbus Mobile Home Park benefits from below-market rents and an established utility billback program that recaptures tenant usage for electric, gas, water, sewer, and trash expenses. With strong historical financials, long-term tenancy, and operational upside, the property offers investors the opportunity to enhance cash flow while acquiring a centrally located manufactured housing asset in one of Tucson's most established residential corridors.
The property is located just minutes from Miramonte Shopping Center and El Con Mall, providing residents with convenient access to everyday necessities and major shopping destinations. Additionally, Interstate 10 is approximately five miles away, offering seamless connectivity to Downtown Tucson and the greater metropolitan area. Combined with attractive seller financing, strong historical occupancy, and operational upside through below-market rents, Columbus Mobile Home Park represents a compelling opportunity to acquire a well-located manufactured housing community in one of Tucson's most established infill submarkets.

Attachments

Columbus MHP OM

Property Facts

Price $650,000
Price Per Unit $34,211
Sale Type Investment
Cap Rate 10.35%
No. Units 19
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 0.79 AC
Building Size 420 SF
No. Stories 1
Year Built 1956
Parking Ratio 45.24/1,000 SF
Zoning R-2, Tucson

Amenities

Unit Amenities

  • Air Conditioning
  • Ceiling Fans
  • Oven
  • Range
  • Yard
  • Freezer

Site Amenities

  • Public Transportation
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
122-13-1410
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$28,012
  • Listing ID: 40887215

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 1413 N Columbus Blvd, Tucson, AZ 85712

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