Each Office is Independently Owned and Operated Saguaro Mobile Home Park 518 W Saguaro St , Casa Grande, AZ 85122 Pete Peterson KW Commercial Broker (520) 477-7350 [email protected]Robert Grant Associate (520) 477-7350 [email protected]1849 North Kolb, Suite 101 Tucson, AZ 85715 520-886-8282 (p) 520-721-5240 (f) www.petersoncommercialgroup.com KW Commercial Section 8 Qualified!! ● 15.82% Actual Cap Rate! ● Very Low Vacancy Rate ● Great Investment Opportunity! ● Clean Well Maintained Park! ●
1849 North Kolb, Suite 101Tucson, AZ 85715520-886-8282 (p)520-721-5240 (f)www.petersoncommercialgroup.com
KW Commercial
Section 8 Qualified!!●
15.82% Actual Cap Rate!●
Very Low Vacancy Rate●
Great Investment Opportunity!●
Clean Well Maintained Park!●
Table of Contents
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made asto the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing orwithdrawal without notice. No liability of any kind is to be imposed on the broker herein.
Real Estate Investment Details ..................................................................................... 3
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made asto the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing orwithdrawal without notice. No liability of any kind is to be imposed on the broker herein.
ANALYSIS
Analysis Date: August 2013
PROPERTY
Property: Saguaro Mobile Home Park
Property Address: 518 W Saguaro St Casa Grande, AZ 85122
Property DescriptionSaguaro Mobile Home Park518 W Saguaro St | Casa Grande, AZ 85122
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made asto the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing orwithdrawal without notice. No liability of any kind is to be imposed on the broker herein.
Saguaro Mobile Home ParkCasa Grande, Az
Great investment opportunity!! 15.82% cap ratebased on Actuals!! Section 8 Qualified!! SaguaroMobile Home Park consists of 25 units, (1)tenant owned mph, (8) 1 bed/ 1 bath, (10) 2 bed/1 bath, (2) 3 bed/ 2 bath, (1) Studio, and (3)houses two of which are 1 bed/ 1 bath and one 2bed/ 1 bath. Park typically maintains below a 5%vacancy rate! Long Term Residents andProven/Steady Cash Flow. This property hasbeen very well managed and has a strong rentalhistory. Well Maintained Park.
**PLEASE DO NOT DISTURB TENANTS!CONTACT LA FOR SHOWINGS!!
Location: Head north on I-10 toward Exit 198, Take exit 198 for Jimmie Kerr Boulevard, Turn rightonto AZ-84 W/W Jimmie Kerr Blvd/E Main St, At the traffic circle, take the 1st exit onto N CasaGrande Ave, Continue onto E 2nd St, Continue onto N Pinal Ave, Turn left onto W Cottonwood Ln,Take the 1st left onto N French St, Take the 1st right onto W Saguaro St,Destination will be on the right.
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Property PhotosSaguaro Mobile Home Park518 W Saguaro St | Casa Grande, AZ 85122
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made asto the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing orwithdrawal without notice. No liability of any kind is to be imposed on the broker herein.
Saguaro Mobile Home ParkCasa Grande, Az
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Executive SummarySaguaro Mobile Home Park518 W Saguaro St | Casa Grande, AZ 85122
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made asto the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing orwithdrawal without notice. No liability of any kind is to be imposed on the broker herein.
ACQUISITION COSTS
Purchase Price, Points and Closing Costs $542,000
Investment - Cash $0
INVESTMENT INFORMATION
Purchase Price $542,000
Price per Unit $21,680
Price per Sq. Ft. NA
Income per Unit $6,353
Expenses per Unit ($2,381)
INCOME, EXPENSES & CASH FLOW
Gross Scheduled Income $158,832
Total Vacancy and Credits ($13,529)
Operating Expenses ($59,537)
Net Operating Income $85,766
Debt Service $0
Cash Flow Before Taxes $85,766
FINANCIAL INDICATORS
Debt Coverage Ratio N/A
Capitalization Rate 15.82%
Gross Rent Multiplier 3.41
Gross Income / Square Feet $0.00
Gross Expenses / Square Feet $0.00
Operating Expense Ratio 40.97%
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Unit Mix ReportSaguaro Mobile Home Park518 W Saguaro St | Casa Grande, AZ 85122
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made asto the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing orwithdrawal without notice. No liability of any kind is to be imposed on the broker herein.
Saguaro Mobile Home Park518 W Saguaro St | Casa Grande, AZ 85122
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made asto the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing orwithdrawal without notice. No liability of any kind is to be imposed on the broker herein.
Confidentiality and Disclaimer
The information contained in the following Marketing Brochure is proprietary and
strictly confidential. It is intended to be reviewed only by the party receiving it from Keller
Williams Southern Arizona and should not be made available to any other person or entity
without the written consent of Keller Williams Southern Arizona. This Marketing Brochure has
been prepared to provide summary, unverified information to prospective purchasers, and to
establish only a preliminary level of interest in the subject property. The information contained
herein is not a substitute for a thorough due diligence investigation. Keller Williams Southern
Arizona has not made any investigation, and makes no warranty or representation, with respect
to the income or expenses for the subject property, the future projected financial performance of
the property, the size and square footage of the property and improvements, the presence or
absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal
regulations, the physical condition of the improvements thereon, or the financial condition or
business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of
the subject property. The information contained in this Marketing Brochure has been obtained
from sources we believe to be reliable; however, Keller Williams Southern Arizona has not
verified, and will not verify, any of the information contained herein, nor has Keller Williams
Southern Arizona conducted any investigation regarding these matters and makes no warranty
or representation whatsoever regarding the accuracy or completeness of the information
provided. All potential buyers must take appropriate measures to verify all of the information
set forth herein.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR KELLER WILLIAMS SOUTHERN ARIZONA
