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30878099

201 N Prickly Pear Ave, Benson, AZ 85602 For Sale

JM
BR683316000
Red Tail Real Estate
Listed by Red Tail Real Estate
$825,000
131 days on market
Updated 2 days ago
Opportunity zone

Arena MHP & RV

Details
APN 123-12-026A
Property Type Mobile Home Park
Units 19
Cap Rate 12.61%
NOI $104,060
Occupancy 74%
Broker Co-Op Yes
Class C
Year Renovated 2024-2026
Acreage 2.000
Investment Type Value Add
Ownership Agent Owner
Sale Condition For sale by owner

Turnkey MH & RV Park | 19 Pads | 12.61% Cap Rate | Value-Add | Benson, AZ | $825,000

Marketing description

Arena Mobile Home & RV Park - 201 N Prickly Pear Ave, Benson, AZ 85602 Welcome to the lucrative investment opportunity at Arena Mobile Home & RV Park! Priced at $825,000, this property presents an exciting chance to capitalize on stable income streams and immediate growth potential. With 14 units already generating consistent revenue and 4 vacant RV spaces waiting to be leased, there's room to boost returns significantly by boosting occupancy levels. The park boasts a turnkey condition with minimal maintenance needs, recent capital investments, and a prime location along the I-10 corridor in Benson, AZ. The strategic positioning offers exposure to local attractions like Kartchner Caverns State Park and a flow of seasonal RV tourism. Investors can anticipate an impressive 12.61% EBITDA Cap Rate on actuals, translating to a gross annual income of $116,256 and a strong cash-on-cash return of over 20%. Don't miss this value-add opportunity in a Qualified Opportunity Zone offering significant tax benefits - act now!

Listing Contacts

JM
BR683316000
Red Tail Real Estate
Listed by Red Tail Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$104,060.00
$8,671.67/mo

Valuation Metrics

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DSCR
12.61%
Cap Rate
12.61%
ROI

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