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Florence Homestead 14945-15047 N Highway 79 4 Unit Mobile Home Park $1,384,500 CAD ($346,125 CAD/Unit) 6.74% Cap Rate Florence, AZ 85132
INVESTMENT HIGHLIGHTS
- Excellent Turn Key Investment
- Steel Security Gate With Code Controlled Access
- 4 Parcels Included on 5+ Acres
- New Paint/New Hardwood/Tile Flooring
- 100% Occupied
EXECUTIVE SUMMARY
4 separate contiguous parcels with 4 homes being sold as a package deal. Over 5 acres total. Each mobile home is 3 bedroom, 2 bath with their own separate septic tanks, electrical meters and on a shared well. Excellent cash flow on four separate 1.25 acre lots fully fenced with electronic controlled security gate. Several of these homes are recently upgraded with fresh paint, tile floors, granite countertops and new cabinets. Fantastic opportunity! 6.7% CAP. Owner is willing to carry with 20% down, 6% interest, 15 year amortization and a 3 year balloon. Breakdown of units: 14945 - 1344 sf, lot 55126 sf, Currently vacant and being updated with anticipated rent $1700 mo/rent. 14953 - 1568 sf, lot 56030 sf, $1750 rent. 14999 - 1134 sf, lot 57710 sf, $1650 rent. 15047 - 1296 sf, lot 55745 sf, $1650 rent.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Yard
- Linen Closet
- Patio
- Porch
SITE AMENITIES
- Fenced Lot
- Gated
- Package Service
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+3 | 4 | - | - |
1 1
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Florence Homestead | 14945-15047 N Highway 79
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