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289 Duquesne Ave

Patagonia, AZ 85624

$479,000
0 beds0 baths0 sqft
Located in beautiful Patagonia, this mobile home park offers 11 home sites with land to expand to 14 or 16 sites. 2 mobile home units are included in the sale, and a historic 2550 sqft Adobe home must be renovated. Once renovated, this house may be used as the owner's residence, an additional rental unit, or as a vacation rental. Mobile Home Park is currently underutilized and is being sold in its present condition. The new owner has an excellent opportunity to upgrade and expand the park to its full potential. The property is priced to sell with a Proforma NOI at $50,031 based on a conservative lot rent of $275 per month, $250 in additional monthly rent from the two owned mobile homes at $1450 rent per month from the renovated Adobe house. (NOI = NET OPERATING INCOME NO ASKING PRICE)

Agent Information

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Stella BoninBliss Realty & Investments
,
(480) 797-4884Stella.bonin@yahoo.com
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Listing courtesy of: Bliss Realty and Investments