Located in beautiful Patagonia, this mobile home park offers 11 home sites including a historic (not registered) 2550 sqft Adobe home which requires significant renovations also conveys. The adobe house once renovated may be used as the owner's residence, an additional rental unit, or as a vacation rental. Mobile Home Park is currently underutilized and sold in its present condition. 2 mobile home units are included in the sale
The new owner has an excellent opportunity to upgrade and expand the park to its full potential. <b>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.</b><br>
NOI = NET OPERATING INCOME (Proforma NOI at $50,031 annually)
(NET OPERATING INCOME OR NOI is not the sales price)
2,550 sq. ft. Adobe home is not registered as a "Historic House" it can be remodeled or demolished with the required permits. It can be sold separately.
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, and $250 in additional monthly rent from the two owned mobile homes at $1450 rent per month from the renovated Adobe house.
Things to do in Patagonia.
The Paton Center for Hummingbirds
477 Pennsylvania Ave Patagonia, AZ 85624
https://tucsonaudubon.org/paton-center/
Patagonia Trading Post
317 McKeown Ave Patagonia, AZ 85624
https://www.patagoniatradingpost.com/
Patagonia Lumber
289 McKeown Ave Patagonia, AZ 85624
https://www.patagonialumberco.com/
Global Arts Gallery
315 McKeown Ave Patagonia, AZ 85624
Phone: (520) 394-0077
The Patagonia Museum
The Patagonia Museum is located in the 1914 Patagonia Grammar School
320 School Street, Patagonia, Arizona.
Tel: 520.222.8670
http://www.thepatagoniamuseum.org/
Patagonia-Sonoita Creek Preserve
150 Blue Heaven Rd., Patagonia, AZ
https://www.nature.org/en-us/get-involved/how-to-help/places-we-protect/patagonia-sonoita-creek-preserve/
Patagonia Lake State Park
https://azstateparks.com/patagonia-lake/
Patagonia Regional Visitor Center
Phone: (520) 394-2229
http://patagonia-az.gov/come-and-visit-us/
and a lot more...
