1630 S Mission Rd - Manufactured Housing/Mobile Housing FOR SALE


Tucson, AZ 85713
$7,900,000 USD
520-591-7233
1630 S Mission Rd, Tucson, AZ for Sale
$7,900,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/16
null | Request Cap Rate

1630 S Mission Rd
Tucson, AZ 85713


HIGHLIGHTS

  • PRIME LARGE CENTRAL LOCATION! +/- 13 Acres with current income to facilitate a full redevelopment; 10-min to downtown & near I-10 & I-19

OVERVIEW

RARE PRIME +/- 13-ACRES (ALL $7.9M or PART submit offers) in Central Tucson on high volume roadway; with income & vacant land for development; Near downtown & Starr Pass Resort, current revenue from a 43-UNIT MH-RV Park, several commercial leases 2026 - 2028 proforma that brings rents up-to market rates; CALL AGENT for pricing guidance on ALL PARCELS TOGETHER $7.9M (or) individual parcels that you plan to submit offers on separately. See progress copy of OM without financials, and note when offers are received the Owner will provide a NDA to share his financials. Also see courtesy AI assisted analysis of redevelopment scenarios & note stakeholder due diligence is required with ALL assumptions and estimates. Owner prefers SALE of all parcels together ($7.9M), that includes convenience store long term lease at % gross sales, restaurant & tire store lease, 43 MH & RV spaces and approx 50% of the land vacant and ready to develop. Zoning varies, so this will require a NEW Development plan, and we have architects ready to help with this submission to development services. With highest and best use likely multi-family, or multi use for the vacant parcels, a successful offer would consider an appropriate +/- 7% CAP rate for the 2026 revenue plus the per SF land value for the vacant parcels. 2026 revenue is projected by the owner at $276K with 7.4% rent increases annually for the next few years until the MH RV rents are brought up-to market rates. Rents are considered well below market at this time. NOTE: There is a DOT traffic light located at the entrance to the convenience store and many curb cuts to access the property along the main roadway frontage. This is a PRIME LARGE LOCATION that is RARELY available in the central Tucson area! Call Steven for pricing; $7.9M for the entire project (or) submit offers on the parcel(s) of interest for your offer. 520-591-7233 voice or text Call Steven Washburn (520-591-7233) for more info. information provided via sources deemed reliable, though ALL BUYERS, LENDERS, SELLERS & STAKEHOLDERS must complete their own due diligence

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$2,401 USD /SF

# OF UNITS

45

PRICE/UNIT

$175,556

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RARE PRIME DT area 13-ACRES with income!

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

49

LAND DETAILS

LAND ACRES

14.05 AC

LAND SF

612,018 SF

ZONING

MH-1

APN/PARCEL ID

118-04-177A,118-04-181F,118-04-181G,118-04-181K,118-04-181L,118-04-1990

ASK ABOUT THIS PROPERTY

Steven WashburnEXP RealtyMore Info
520-591-7233

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Steven WashburnEXP RealtyMore Info
520-591-7233

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