Mobile Home Park for Sale-Increase Income,under proper management Reduced 2/27/12

Posted on Sep 30 in Business Opportunities, Commercial, Featured Properties, Home Rentals, Residentialby JoannePrint

2007 A Avenue, Douglas, Az

$75,000

$65,000

$41,000

Income from rented lots. 12 lots are included with this sale. Property is zoned MHR (Manufactured Home Residence) **Buyer will be required to remove 3 or 4 mobile units, to sufficiently allow for the city required law of 20 ft between units. 1 or 2 units could possibly be rehabbed.

This mobile home park is currently under developed. If it was cleaned up a little and properly managed the current income has the potential to more than triple in value. After cleaning up, adding a couple more renters and adjusting rents to current market value, income would increase. As you gradually remove units it will allow for more units to be rented. This will all take some effort and time, however once running at full capacity and managed properly you will have more than sufficient income to maintain and make a profit from this business.

The 4 currently leased lots are going for $110 a  month, however with current market value, remaining 8 lots could be rented for upto $200. Current home lease also has potential to be increased from $300 to $350. There is one home that could even be as high as $500.

City water , sewer and trash; EVAP Cooling; APS Electric

Approximately 37461 sqft total.

Mobile units have vinyl and/or wood siding.

Road is paved with street lights and a courtyard. Each unit has 2 uncovered parking spaces. It is located on a main st in Douglas. Easy to find and visible to drive by traffic.

[View with PicLens]

3 Comments

• Susann Babcock says:

  January 24, 2011 at 7:37 pm

  I am lookig for more information on the mobile home park @ 2007 A Avenue Douglas Az.
  Specifically are the taxes listed in total or per lot?
  Are there back taxes owed?
  How big is the house? # of bedrooms, # Baths
  How large is the property ? How large is each lot?
  Since the mobile homes need to be moved , is this a city ordinace , and are there any assed fines? Also any more details available.
  Are there any other pictures available?
  Thank You
  Suzie
• MaryAnn says:

  January 24, 2011 at 9:29 pm

  Hi Suzie,
  Thanks for your interest those are all important questions. Some of which I will need to look up the details for. I will respond soon to your email address.
  thanks,
  MaryAnn Ead,
  broker
• johnnelson69@hotmail.com says:

  August 13, 2011 at 3:58 am

  I was very pleased to find http://www.southeastazproperty.com. I wanted to thank you for your time for this wonderful read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you blog post.

Trackbacks / Pingbacks