ABC Mobile Home Park offers an immediate yield bump with clear, low-friction levers: raise below- market rents, recapture resident utilities, and drive occupancy from 68% toward stabilized levels. Current operations produce $72,889 NOI (6.1% cap on $1.20MM). Under a conservative, operations-first plan (90% occupancy, $500 avg lot rent, utility recapture, and normalized expenses), the asset underwrites to ~$126,074 NOI (10.5% cap) with additional upside from ongoing rent growth and infill/POH turns. The park benefits from city utilities, straightforward bill-back mechanics, and an in-fillable lot/ home mix. Tucson’s steady population growth, diverse employment base (defense/aerospace, logistics, health care, and higher ed), and constrained affordable-housing supply create durable demand for quality, clean, safe MH spaces at attainable price points.