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Price Upon Req.227,304 SF
The Apple is a mix of two and three-story building apartment community built in 1988, comprising 336 rental units. The unit mix is approximately 7% studio, 36% one-bedroom, 38% two-bedroom, and 19% three-bedroom units. Construction is of frame and stucco, with built-up and pitched tile roofs. Heating and cooling is provided by individual roof-mounted HVAC units. The utility costs associated with heating and cooling are the responsibility of the tenant. The property is individually metered for electricity, and the costs associated with usage inside the dwelling units are the responsibility of the tenant. Hot water is provided by individual water heaters. The cost of water, sewer charges, and trash collection is partially reimbursed by the tenant with a flat $23/$31/$39/$49 RUBs fees. Common amenities include a swimming pool and spa, laundry facilities, clubhouse and fitness center. Unit amenities include dishwashers, alarm system, and ceiling fans. The 20 buildings of The Apple are constructed on a site comprising approximately 11 acres, at a density of 30.54 units per acre.
$5,900,000Size Upon Req.
This 137 space 4 star mobile home park is conveniently located on 17.48 acres in Tucson with convenient access to freeways. Only 3 mobile homes are park owned, 5 have sales contracts, and the rest are tenant owned! Amenities include a large clubhouse and community pool. Park is at 91% occupancy currently. Rents increased $10 per month in January to $355 for all spaces, raising CAP rate to 6.14%! Projected NOI for 2014 is $362,151 based off of actual numbers from January-April 2014. -Seller is carrying notes on the following units: #82-$10,307, #89-$11,705, #33-$14,258, #73-$6,000, #124-$10,000. -The site manager' s home (#118) is worth about $15-18,000. -There are 3 park owned units with approximate values for sale: #112-$11,000, #113-$11,000 and #100-$1000. -Sale contingent upon seller finding another mobile home park to exchange into. -Buyer can assume existing loan -Videos of this mobile home park can be seen at: http://youtu.be/piTZjMAtnto http://youtu.be/rs4YQi-33-E
$455,000Size Upon Req.
Great opportunity to own the 16 unit park directly across from flowing Wells middle school and Centennial elementary. Located in northwest Tucson this very desirable area has strong rental occupancies. The park consists of 12 Park owned units which consists of two Double wide's, 2-1bedrooms units 8-2 bedrooms,2 tenant owned units, 1 unit currently used as storage,and 1 unit to be rehabbed. The property has direct bill Electric and gas from local providers The property is currently sub-metering the tenants for water sewer and trash. The property is on track for 70% increase after resetting the property in 2014. The property is currently on track for $70,000 in gross revenue for 2015. Replacing or rehabbing remaining two units would be an additional revenue above and beyond the $70,000 currently trending towards. The property is directly south of the brand-new Walmart neighborhood center as well as in one of the top ranked school districts in Tucson.
$200,000Size Upon Req.
Extremely motivated sellers!! This is a wonderful opportunity to purchase an 8 space mobile home park in southern Tucson, Arizona. This park is master-metered for water and sewer and tenants are billed back. Electric and gas are direct billed. Space rent is $280 and all units but one are currently occupied. Current ownership purchased an all parked owned property and has put in the work to convert it to an all tenant owned park for the new buyer, this is a fantastic opportunity for an investor looking for a low management low care investment.
Malibu Apartments is located in Northern Tucson near the Catalina Foothills on First Avenue and Prince Road. This 65-unit individually metered property has been well-maintained over the years and is in great condition. In addition, due to the lean operating expenses for this property, the actual CAP rate is 7.6%. The property includes a swimming pool surrounded by four two-story buildings that wrap around the pool creating a nice courtyard atmosphere with palm trees. In addition, there is a straight row of apartments on the southern edge of the property. The property includes an office as well as a 3 bedroom/2 bathroom home behind the office that is currently rented to a tenant but could be used for multiple purposes such as a fitness center, a clubhouse, or to house an onsite owner/manager. A large shop and storage/utility building is also included. The property is individually metered and each unit has individual HVAC. Stoves are electric. There are three gas hot water heaters on the property. Malibu Apartments is conveniently located on a major bus line, 3 minutes from Tucson Mall, Fry's, LA Fitness, Sunflower Market, Walmart, Starbucks and 9 minutes to the University of
5 I BEDROOM AND 4 2 BEDROM 1 BATH UNITS. ALWAYS RENTED
8 UNITS 4 I BEDROOM AND 4 2 BEDROOM. ALWAYS RENTED AND UPSIDE IN THE RENTS
Newly remodeled, new appliances, tile floors look like wood, new bathrooms, kitchen counters, new ovens, newly painted inside and out. Resurfaced parking lot. New laundry on site. All 2 bedroom 1 bath units. No deferred maintenance.
SEVEN PROPERTIES UNDER ONE OWNERSHIP FOR SALE. THE MAJORITY OF THE PROPERTIES ADJOIN EACH OTHER AT THE INTERSECTION OF FT LOWELL AND GERONIMO. THESE PROPERTIES HAVE LITTLE DIFFERED MAINTENANCE AND UPSIDE IN THE RENTS. THESE PROPERTIES ARE AVAILABLE ALL TOGETHER OR SEPARATELY. ALL UNIT ARE SEPARATLY METERED FOR ELECTRIC AND GAS
Dupex, currently rented is being sold with the duplex at 1108 E. Water St. Each unit is a 4 bedroom 2 bath 1,650 Sq Ft stand alone house. Tile in living room and kitchens Each unit has a sun deck and wood burning fireplaces Off street and Street parking available, next to each unit.