The Fontana Mobile Home Park is a quiet, well-cared for, 15 unit mobile home park with a 2 bed/1 bath SFR at 1,045 SF. An experienced MH professional is available to collect rents and manage the park for an absentee owner/investor. Property is conveniently located off the Nogales Hwy, approx. 8.2 miles SW of downtown Tucson and only 4 miles from airport. There are several other mobile home parks in the area. Has a solid 11% Cap rate and a Cash on Cash Return of 19% for all 16 spaces. The current actual Gross Rent is $51,000 and the Net Operating income after all expenses, tax and insurance is $27,804. A financial pro forma is available upon request. This is a ''Must See'' park for the investor seeking a quality investment property with good upside potential.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
