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Mobile Home Park

Arcadian Mobile Home Park

6010 S Masterson Ave, Tucson, AZ 85706

Listing Price: $1,588,000

Cap Rate
6.79%
Number of Spaces
34
Lot Size
2.89 acres
Occupancy
97.0%
Price/Space
$46,706
Spaces/Acre
11.76
Year Built
1960

Investment Overview

Marcus & Millichap is pleased to present Arcadian Mobile Home Park, an impressive investment opportunity located at 6010 S Masterson Avenue in Tucson, Arizona. This well-maintained, all-age manufactured housing community is positioned just north of the Tucson International Airport and fully occupied with all tenant-owned homes. As a result, potential investors are able to leverage a mix of stable income and attractive long-term growth potential. The 34-site community spans 2.89 acres and offers secure, straightforward property control. Notably, the park is supported by city water and city sewer services, with both utilities sub-metered and billed back to tenants. Tenants also pay direct-billed electric and gas, while trash is passed through at a flat rate via Republic Services. This utility structure keeps operating expenses low and predictable while aligning tenant usage with actual costs. The park’s 34 tenant-owned homes are all from the 1970s era, reflecting a mature and stable tenant base. The property is supported by a current on-site manager, ensuring smooth day-to-day operations, consistent oversight, and responsive resident relations. With an average site rent of $361, approximately 25 percent below the market average of $480, the property presents clear and immediate upside potential. Investors can implement strategic rent increases within the first year to align rates with competing communities in the Tucson market. Overall, Arcadian Mobile Home Park represents a rare chance to acquire a fully occupied, manufactured housing community with below-market rents, strong infrastructure, and streamlined operations in a high demand Tucson submarket.

Investment Highlights

  • Fully Occupied 34-Site All-Age Community with Tenant-Owned Homes
  • Below-Market Rents Offer Immediate Upside Potential in High-Demand Tucson Submarket
  • City Water and Sewer with Sub-Metered Electric & Gas Creates Predictable Operating Expenses
  • On-Site Management and Streamlined Operations Support Stable Long-Term Investment Growth

Exclusively Listed By

Financing By

Mobile Home Park

Arcadian Mobile Home Park

Listing Price: $1,588,000

Cap Rate
6.79%
Number of Spaces
34
Lot Size
2.89 acres
Occupancy
97.0%
Price/Space
$46,706
Spaces/Acre
11.76
Year Built
1960

Investment Highlights

  • Fully Occupied 34-Site All-Age Community with Tenant-Owned Homes
  • Below-Market Rents Offer Immediate Upside Potential in High-Demand Tucson Submarket
  • City Water and Sewer with Sub-Metered Electric & Gas Creates Predictable Operating Expenses
  • On-Site Management and Streamlined Operations Support Stable Long-Term Investment Growth

Investment Overview

Marcus & Millichap is pleased to present Arcadian Mobile Home Park, an impressive investment opportunity located at 6010 S Masterson Avenue in Tucson, Arizona. This well-maintained, all-age manufactured housing community is positioned just north of the Tucson International Airport and fully occupied with all tenant-owned homes. As a result, potential investors are able to leverage a mix of stable income and attractive long-term growth potential. The 34-site community spans 2.89 acres and offers secure, straightforward property control. Notably, the park is supported by city water and city sewer services, with both utilities sub-metered and billed back to tenants. Tenants also pay direct-billed electric and gas, while trash is passed through at a flat rate via Republic Services. This utility structure keeps operating expenses low and predictable while aligning tenant usage with actual costs. The park’s 34 tenant-owned homes are all from the 1970s era, reflecting a mature and stable tenant base. The property is supported by a current on-site manager, ensuring smooth day-to-day operations, consistent oversight, and responsive resident relations. With an average site rent of $361, approximately 25 percent below the market average of $480, the property presents clear and immediate upside potential. Investors can implement strategic rent increases within the first year to align rates with competing communities in the Tucson market. Overall, Arcadian Mobile Home Park represents a rare chance to acquire a fully occupied, manufactured housing community with below-market rents, strong infrastructure, and streamlined operations in a high demand Tucson submarket.

Exclusively Listed By

Financing By

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