617 W Setting Sun Ct - Manufactured Housing/Mobile Housing FOR SALE


Tombstone, AZ 85638
$750,000 USD
520-269-1968
617 W Setting Sun Ct, Tombstone, AZ for Sale
$750,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/20
null | 8.91% Cap Rate

617 W Setting Sun Ct
Tombstone, AZ 85638


OVERVIEW

Desert Hills Mobile Ranch consists of 5 acres located on a hillside north of the OK Corral off Highway 80, on the way into Tombstone, Arizona—a popular historical site and tourist attraction. The property is home to 21 manufactured homes owned by the residents and 3 RV spaces rented year-round, with room to add more. Manufactured homeowners are full-time residents, and turnover is minimal, providing stable income for the property owner. All residents pay monthly lot rent, which includes trash, water, and septic services. Mobile homes are separately metered for electricity. Effective March 2025, a rent increase will be implemented following proper notice served to all tenants. Lot rent for the 20 mobile home pads will increase from $275/month to $325/month, and the 3 RV spaces will increase from $400/month to $425/month.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$375 USD /SF

# OF UNITS

27

PRICE/UNIT

$27,778

CAP RATE

8.91%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.94 AC

LAND SF

215,186 SF

ZONING

-

APN/PARCEL ID

109-17-010

ASK ABOUT THIS PROPERTY

Scott HotchkissColdwell Banker CommercialMore Info
520-269-1968

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Scott HotchkissColdwell Banker CommercialMore Info
520-269-1968

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.