Description

The Saguaro Portfolio is a rare offering of 17 all-age manufactured housing communities comprising a total of 454 sites, strategically located throughout Tucson and unincorporated Pima County, Arizona. Of the total sites, 448 are designated for manufactured housing, while the remaining include three single-family homes, one duplex (two units), and one apartment unit. The manufactured housing mix consists of 310 tenant-owned homes (TOHs) and 138 park-owned homes (POHs). The portfolio boasts a strong and stable occupancy rate of 98.9%, which also reflects its historical performance. All current vacancies are POHs that are in the process of being prepared for rental, indicating near-full stabilization. Many of the communities offer low-density layouts with wide sites that accommodate side parking, enhancing the livability and curb appeal of each property. This portfolio presents a high-performing, well-occupied collection of assets ideal for investors seeking a stabilized, income-generating opportunity with room for operational efficiencies and long-term upside.