14945-15047 N Highway 79 - Manufactured Housing/Mobile Housing FOR SALE


Florence, AZ 85132
$1,000,000 USD
602-391-7164
14945-15047 N Highway 79, Florence, AZ for Sale
$1,000,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/18
null | 6.74% Cap Rate

14945-15047 N Highway 79
Florence, AZ 85132


HIGHLIGHTS

  • Excellent Turn Key Investment
  • New Paint/New Hardwood/Tile Flooring
  • Steel Security Gate With Code Controlled Access
  • 100% Occupied
  • 4 Parcels Included on 5+ Acres

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

4

PRICE/UNIT

$250,000

CAP RATE

6.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Florence Homestead

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

PARKING SPACES

8

LAND DETAILS

LAND ACRES

5.14 AC

LAND SF

223,898 SF

ZONING

GR

APN/PARCEL ID

202-21-004F,202-21-004G,202-21-004L,202-21-004M

ASK ABOUT THIS PROPERTY

Brook MillerRe/Max SolutionsMore Info
602-391-7164

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Brook MillerRe/Max SolutionsMore Info
602-391-7164

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