1413 N Columbus Blvd - Manufactured Housing/Mobile Housing FOR SALE


Tucson, AZ 85712- Midtown Tucson
$650,000 USD
520-668-3858
1413 N Columbus Blvd, Tucson, AZ for Sale
$650,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/11
null | 10.35% Cap Rate

1413 N Columbus Blvd
Tucson, AZ 85712
Midtown Tucson


HIGHLIGHTS

  • ATTRACTIVE SELLER FINANCING
  • Value add opportunity
  • Strong historical financials
  • Mix of park owned and tenant owned homes
  • Historically high occupancy & long term tenancy
  • Operational upside & below market rents

OVERVIEW

Columbus Mobile Home Park is a 19-space MHP community ideally positioned in Central Tucson near Speedway Blvd. and Alvernon Wy. Offered with ATTRACTIVE SELLER FINANCING, the property presents investors with a compelling opportunity to acquire a well-located asset with strong historical performance and meaningful value-add potential. Long-term ownership has maintained historically high occupancy and fostered a stable tenant base, providing a solid foundation for future growth. The community features a mix of park-owned and tenant-owned homes (3 – vacant/rent ready, 5 – lot rent, 11 – park owned), creating multiple income streams and operational flexibility. Several vacant homes are currently in rent-ready condition, providing immediate upside through lease-up opportunities. In addition, all residents are on month-to-month rental agreements, allowing new ownership the ability to strategically implement rental increases and improve overall operations. Columbus Mobile Home Park benefits from below-market rents and an established utility billback program that recaptures tenant usage for electric, gas, water, sewer, and trash expenses. With strong historical financials, long-term tenancy, and operational upside, the property offers investors the opportunity to enhance cash flow while acquiring a centrally located manufactured housing asset in one of Tucson's most established residential corridors. The property is located just minutes from Miramonte Shopping Center and El Con Mall, providing residents with convenient access to everyday necessities and major shopping destinations. Additionally, Interstate 10 is approximately five miles away, offering seamless connectivity to Downtown Tucson and the greater metropolitan area. Combined with attractive seller financing, strong historical occupancy, and operational upside through below-market rents, Columbus Mobile Home Park represents a compelling opportunity to acquire a well-located manufactured housing community in one of Tucson's most established infill submarkets.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$1,548 USD /SF

# OF UNITS

19

PRICE/UNIT

$34,211

CAP RATE

10.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Columbus MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

R-2, Tucson

APN/PARCEL ID

122-13-1410

ASK ABOUT THIS PROPERTY

Joey MartinezCushman & Wakefield | PICORMore Info
520-668-3858

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Joey MartinezCushman & Wakefield | PICORMore Info
520-668-3858

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.