617 W Setting Sun Ct - Manufactured Housing/Mobile Housing FOR SALE


Tombstone, AZ 85638
$895,000 USD
480-221-9420
617 W Setting Sun Ct, Tombstone, AZ for Sale
$895,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/24
null | Request Cap Rate

617 W Setting Sun Ct
Tombstone, AZ 85638


HIGHLIGHTS

  • Historically Stable Occupancy: Approximately 82% historical occupancy with in-place cash flow.
  • Immediate Lease-Up Opportunity: Increase NOI by filling vacant MH and RV sites.
  • Additional Income Potential: Existing warehouse offers future rental income with minimal improvements
  • Tenant-Owned Homes: Lower maintenance responsibilities and stable lot rental revenue
  • Located in Historic Tombstone, AZ: Supported by affordable housing demand, regional employment, and year-round tourism.

OVERVIEW

Desert Hills Mobile Home Park offers investors the opportunity to acquire a stabilized manufactured housing and RV community with immediate upside in the historic community of Tombstone, Arizona. Featuring 27 rentable sites comprised of 20 manufactured home lots and 7 RV sites, the property generates diversified income while benefiting from a predominantly tenant-owned home model that helps minimize maintenance responsibilities and operating expenses. Historically stable occupancy reflects the property's established presence in the market, while the current vacancy presents a clear value-add opportunity through leasing the existing manufactured home and long-term RV sites, increasing occupancy and enhancing cash flow. Positioned in southeastern Arizona, Desert Hills serves a region supported by year-round tourism, Fort Huachuca, healthcare, agriculture, and the ongoing demand for affordable housing. The property's straightforward operations and single on-site manager allow for an easy transition, while additional value can be unlocked by leasing the existing warehouse once electrical service is installed, creating an additional income stream with minimal capital investment. Combining in-place cash flow, operational simplicity, and multiple avenues to increase net operating income, Desert Hills Mobile Home Park represents an attractive investment opportunity for buyers seeking stable returns with meaningful long-term upside.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$448 USD /SF

# OF UNITS

27

PRICE/UNIT

$33,148

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.3 AC

LAND SF

231,000 SF

ZONING

-

APN/PARCEL ID

109-17-010

ASK ABOUT THIS PROPERTY

Avery RennerThe Gorden GroupMore Info
480-221-9420

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

Avery RennerThe Gorden GroupMore Info
480-221-9420

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