TUCSON, Arizona (October 10, 2025) — Two Tucson manufactured housing communities have changed hands in separate transactions totaling $9.4 million, with affiliates of Comfort Communities selling both properties to affiliates of Invesco Real Estate. Though the deals involved similar parties and closed on the same date, the two communities traded at notably different price-per-unit levels.
On September 23, 2025, Catalina Vista Mobile Home Park, an 82-space community at 3344 East Kleindale Road in central Tucson, sold for $6,500,000 ($79,268 per space). The seller was Catalina Vista MHC LLC of El Cajon, California, affiliated with Comfort Communities, and the buyer was Catalina Vista MH Owner LLC, an affiliate of Invesco Real Estate based in Dallas, Texas. Built in 1961, the 6.34-acre community offers a clubhouse, pool, and laundry facilities.
That same day, Five Star Mobile Home Park, a 43-space community at 1305–1311 West Prince Road in Tucson, sold for $2,900,000 ($67,441 per space). The seller was Five Star MHC LLC, also based in El Cajon and affiliated with Comfort Communities, while the buyer was Five Star MH Owner LLC, another Invesco affiliate. The 4.04-acre property was initially developed in 1952 and includes a clubhouse, pool, and laundry facilities.
While both sales occurred on the same day, the price-per-unit varied significantly: Catalina Vista commanded nearly $79,300 per space, while Five Star traded at roughly $67,400 per space. The two communities traded at different price points, likely due to variations in age, location, and financial performance.
The acquisitions underscore the continued appetite of institutional investors such as Invesco Real Estate for Tucson’s manufactured housing assets, while Comfort Communities continues to reposition its portfolio through selective dispositions. Manufactured housing communities remain an attractive investment class, offering stable income streams and an essential supply of affordable housing in the Tucson market.
Source: RED Comp #12110 and #12112