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Florence Homestead 14945-15047 N Highway 79

4 Unit Mobile Home Park $850,000 ($212,500/Unit) 7.80% Cap Rate Florence, AZ 85132

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Investment Highlights

Excellent Turn Key Investment
Steel Security Gate With Code Controlled Access
5 Parcels Included on 5+ Acres

New Paint/New Hardwood/Tile Flooring
100% Occupied

Executive Summary

This listing is for 4 parcels of land, each with one manufactured home with a paying tenant (2-yr lease). Over 5 acres total. Each mobile home is 3 bedroom, 2 bath. Positive cash flow on these four 1.25 acre lots fully fenced with electronic controlled access security gate. These homes are recently upgraded with paint, tile floors, granite countertops and new cabinets. Serviced by clean, clear water private well. Counts for bedrooms/baths are for all 4 properties combined, as are the taxes listed and lot size. Breakdown of units: 14945 - 1344 sf, lot 55126 sf, $1350 mo/rent. 14953 - 1568 sf, lot 56030 sf, $1850 rent. 14999 - 1134 sf, lot 57710 sf, $1450 rent. 15047 - 1296 sf, lot 55745 sf, $1500 rent. Fantastic opportunity!

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Property Facts

Price	$850,000	Building Class	B
Price Per Unit	$212,500	Lot Size	5.14 AC
Sale Type	Investment	Building Size	5,769 SF
Cap Rate	7.80%	Average Occupancy	100%
No. Units	4	No. Stories	1
Property Type	Multifamily	Year Built/Renovated	1998/2021
Property Subtype	Manufactured Housing/Mobile Home Multifamily Apartments Multifamily Dormitory	Parking Ratio	1.39/1,000 SF
Apartment Style	Garden

Price	$850,000
Price Per Unit	$212,500
Sale Type	Investment
Cap Rate	7.80%
No. Units	4
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home Multifamily Apartments Multifamily Dormitory
Apartment Style	Garden
Building Class	B
Lot Size	5.14 AC
Building Size	5,769 SF
Average Occupancy	100%
No. Stories	1
Year Built/Renovated	1998/2021
Parking Ratio	1.39/1,000 SF