Mobile Home Park
Hidden Valley Rancho Mobile Home Park
1900 N Russell St, Douglas, AZ 85607
Listing Price: $707,000
Investment Overview
Hidden Valley Rancho Mobile Home Park is a 27-site community located in Douglas, Arizona. The property currently has 20 occupied sites, all consisting of tenant-owned homes. The remaining inventory includes 3 vacant homes and 4 vacant sites.
The park benefits from city-provided utilities, including city water and sewer, along with direct-billed electric and gas, creating an efficient and low-management utility structure for ownership.
This asset presents a value-add opportunity, with the ability to increase occupancy through the lease-up or sale of the existing vacant homes. Additional upside exists by filling the four vacant sites, including the potential to put RV units to increase revenue. Beyond occupancy gains, there is also room to increase rental rates and implement utility bill-backs, providing multiple avenues for a new owner to enhance overall income and operational efficiency.
The property sits on approximately 5.14 acres, with only about half of the land currently utilized. This provides significant expansion potential, allowing for the addition of more mobile home sites, RV spaces, or even storage.
Hidden Valley Rancho Mobile Home Park
Investment Highlights
- All the occupied homes are tenant-owned.
- The park is serviced by city water and city sewer.
- Opportunity to fill 3 existing vacant homes.
- Additional upside through 4 vacant sites.
- 5.14-acre parcel with excess land for expansion.
- Opportunity to improve expense efficiency. (trash, utilities, operations.)
- Opportunity to increase revenue without major revenue redevelopment costs.
Exclusively Listed By
Listing Price: $707,000
Investment Highlights
- All the occupied homes are tenant-owned.
- The park is serviced by city water and city sewer.
- Opportunity to fill 3 existing vacant homes.
- Additional upside through 4 vacant sites.
- 5.14-acre parcel with excess land for expansion.
- Opportunity to improve expense efficiency. (trash, utilities, operations.)
- Opportunity to increase revenue without major revenue redevelopment costs.
Investment Overview
Hidden Valley Rancho Mobile Home Park is a 27-site community located in Douglas, Arizona. The property currently has 20 occupied sites, all consisting of tenant-owned homes. The remaining inventory includes 3 vacant homes and 4 vacant sites. The park benefits from city-provided utilities, including city water and sewer, along with direct-billed electric and gas, creating an efficient and low-management utility structure for ownership. This asset presents a value-add opportunity, with the ability to increase occupancy through the lease-up or sale of the existing vacant homes. Additional upside exists by filling the four vacant sites, including the potential to put RV units to increase revenue. Beyond occupancy gains, there is also room to increase rental rates and implement utility bill-backs, providing multiple avenues for a new owner to enhance overall income and operational efficiency. The property sits on approximately 5.14 acres, with only about half of the land currently utilized. This provides significant expansion potential, allowing for the addition of more mobile home sites, RV spaces, or even storage.
Exclusively Listed By
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