Double R Ranch MHP

Property Description:

Double R Ranch is a 56-site 3-Star Senior MH Community located in Tucson, Arizona on an approximately 4.77-acre parcel. The property offers single wide, double wide, and R.V spaces. Amenity package includes a heated pool, clubhouse with kitchen facilities and fireplace, shuffle-board, lighted & paved streets, and laundry facilities. The park currently being under-managed at 53% occupancy rate. Broker believes that a market occupancy rate of 88% or higher is attainable for this area and product type, which will greatly increase revenues. Property is on city water and city sewer. All spaces are 50amp/100amp and full hookup. The property is located near the quiet corner of Roger & Romero rd in Tucson, this provides tenants with easy access to many city amenities. Electric is master-metered & billed back through sub-meters monthly. Water/sewer is master-metered and billed on a $20 per home rate. Gas is direct billed to tenants. Trash
disposal is included in rent.