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Mobile Home Park

The Saguaro Portfolio - 11 manufactures Home Communities

1649 W Wetmore Rd, Tucson, AZ 85705

Listing Price: $19,325,000

Cap Rate
6.27%
Lot Size
25.21 acres
Occupancy
98.0%
Year Built
1973

Investment Overview

The Saguaro Portfolio consists of 17 all-age manufactured housing communities and 454 sites. Many of the communities have a low-density and wide sites, allowing parking to the side of the homes.

Currently, 6 of the 17 communities are under contract, with 11 remaining for sale. Below is the current offering of 11 parks with 245 total sites that can be purchased in several ways.

NORTH TUCSON CLUSTER TO BE SOLD AS A PACKAGE | 7 Parks | Cactus Cove, Crystal Mountain, Green Acres, Greenlee, Hegel Lane, Peach Valley, Pleasant Manor (Note Columbus & Kilburn Excluded)
TOTAL SITES: 178
POH: 34
OTHER TYPES: 2 SFH, 2 Duplex Units, 1 Apartment
TOTAL PRICE: $15,200,000
PRICE PER SITE: $85,393
TERMS: Cash

UNDER CONTRACT | NORTH OF AIRPORT/INTERNATIONAL BUSINESS CENTER | Benson, Bentley Parke, Kino, Mossman, Palo Verde, Via Verde
TOTAL SITES: 209
POH: 61
OTHER TYPES: None

COLUMBUS | SOLD INDIVIDUALLY OR PART OF A PACKAGE
TOTAL SITES: 19
POH: 16
OTHER TYPES: None
TOTAL PRICE: $1,150,000
PRICE PER SITE: $60,526
TERMS: Seller financing available with 35% down, 3-yr term, I/O payments, 5% interest, Seller is 1st position on the loan

CARDINAL | SOLD INDIVIDUALLY OR PART OF A PACKAGE
TOTAL SITES: 19
POH: 12
OTHER TYPES: None
TOTAL PRICE: $1,130,000
PRICE PER SITE: $59,473
TERMS: Seller financing available with 35% down, 3-yr term, I/O payments, 5% interest, Seller is 1st position on the loan

ARIZONA PRAIRIE | SOLD INDIVIDUALLY OR PART OF A PACKAGE
TOTAL SITES: 19
POH: 2
OTHER TYPES: None
TOTAL PRICE: $1,130,000
PRICE PER SITE: $59,473
TERMS: Seller financing available with 35% down, 3-yr term, I/O payments, 5% interest, Seller is 1st position on the loan

KILBURN | SOLD INDIVIDUALLY OR PART OF A PACKAGE
TOTAL SITES: 10
POH: 9
OTHER TYPES: 1 SFH
TOTAL PRICE: $715,000
PRICE PER SITE: $79,444
TERMS: Seller financing available with 35% down, 3-yr term, I/O payments, 5% interest, Seller is 1st position on the loan

Investment Highlights

  • A rare opportunity to achieve institutional scale
  • Significant rent growth potential
  • All of the communities are clustered together for efficient management
  • Four communities are located in a Qualified Opportunity Zone
  • All the communities are professionally managed and meticulously maintained
  • Many of the communities have a low density and wide sites
  • Tucson has capitalized on its high-tech cluster that focus on solar, optics, aerospace, & defense
  • Tucson is known for their affordable business costs

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Mobile Home Park

The Saguaro Portfolio - 11 manufactures Home Communities

Listing Price: $19,325,000

Cap Rate
6.27%
Lot Size
25.21 acres
Occupancy
98.0%
Year Built
1973

Investment Highlights

  • A rare opportunity to achieve institutional scale
  • Significant rent growth potential
  • All of the communities are clustered together for efficient management
  • Four communities are located in a Qualified Opportunity Zone
  • All the communities are professionally managed and meticulously maintained
  • Many of the communities have a low density and wide sites
  • Tucson has capitalized on its high-tech cluster that focus on solar, optics, aerospace, & defense
  • Tucson is known for their affordable business costs

Investment Overview

The Saguaro Portfolio consists of 17 all-age manufactured housing communities and 454 sites. Many of the communities have a low-density and wide sites, allowing parking to the side of the homes. Currently, 6 of the 17 communities are under contract, with 11 remaining for sale. Below is the current offering of 11 parks with 245 total sites that can be purchased in several ways. NORTH TUCSON CLUSTER TO BE SOLD AS A PACKAGE | 7 Parks | Cactus Cove, Crystal Mountain, Green Acres, Greenlee, Hegel Lane, Peach Valley, Pleasant Manor (Note Columbus & Kilburn Excluded) TOTAL SITES: 178 POH: 34 OTHER TYPES: 2 SFH, 2 Duplex Units, 1 Apartment TOTAL PRICE: $15,200,000 PRICE PER SITE: $85,393 TERMS: Cash UNDER CONTRACT | NORTH OF AIRPORT/INTERNATIONAL BUSINESS CENTER | Benson, Bentley Parke, Kino, Mossman, Palo Verde, Via Verde TOTAL SITES: 209 POH: 61 OTHER TYPES: None COLUMBUS | SOLD INDIVIDUALLY OR PART OF A PACKAGE TOTAL SITES: 19 POH: 16 OTHER TYPES: None TOTAL PRICE: $1,150,000 PRICE PER SITE: $60,526 TERMS: Seller financing available with 35% down, 3-yr term, I/O payments, 5% interest, Seller is 1st position on the loan CARDINAL | SOLD INDIVIDUALLY OR PART OF A PACKAGE TOTAL SITES: 19 POH: 12 OTHER TYPES: None TOTAL PRICE: $1,130,000 PRICE PER SITE: $59,473 TERMS: Seller financing available with 35% down, 3-yr term, I/O payments, 5% interest, Seller is 1st position on the loan ARIZONA PRAIRIE | SOLD INDIVIDUALLY OR PART OF A PACKAGE TOTAL SITES: 19 POH: 2 OTHER TYPES: None TOTAL PRICE: $1,130,000 PRICE PER SITE: $59,473 TERMS: Seller financing available with 35% down, 3-yr term, I/O payments, 5% interest, Seller is 1st position on the loan KILBURN | SOLD INDIVIDUALLY OR PART OF A PACKAGE TOTAL SITES: 10 POH: 9 OTHER TYPES: 1 SFH TOTAL PRICE: $715,000 PRICE PER SITE: $79,444 TERMS: Seller financing available with 35% down, 3-yr term, I/O payments, 5% interest, Seller is 1st position on the loan

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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