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.
Off market
Street View
$125,500
5741 S Fontana Ave, Tucson, AZ 85706
0beds
0baths
1,045sqft
MobileManufactured
Built in 1938
-- sqft lot
$125,500 Zestimate®
$120/sqft
$1,279 Estimated rent
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Estimated market value
$125,500