TUCSON, AZ (August 9, 2024) — Twin Palms Mobile Home Court at 4541 N Old Romero Road and the mobile home community at 1901 W Alsis Lane in Tucson sold for an aggregate of $5 million ($53,763 per space) to Twin Palms MHC and Twin Palms Homes, LLC, based in Miami, FL.

Both are for all-ages manufactured home communities, with 1901 W Alexis Lane having 30 spaces (sold for $1.5 million) and Twin Palms having 63 spaces (sold for $3.5 million).

Both are land-leased communities.

Home site lots rent from $425 – $575 per month and include the following:

• Trash pickup
• Water
• Sewer

The community’s streets are paved and average in width. The water is sourced from the city, and the sewer system is city-provided. Parking is off-street. Neither community offers spaces for RVs.

These well-maintained communities have easy access to local schools, recreation, shopping, and entertainment.

Both were sold by Oro Valley-based Twin Palms MHP, LLC and Twin Palms MHP II, LLC (Hansel Rodriguez, manager).

Tucson, AZ. – (August 7, 2024) –Larsen Baker is pleased to announce the sale of 4660-4668 E Speedway Blvd., the commercial building on the southwest corner of Speedway and Swan, to investors.

The 6,613-square-foot building sold for $700,000 ($106 PSF) and sold vacant.

The buyer, Zain Investments, LLC, purchased the building with plans to renovate it and continue leasing it as a retail building.

The seller, Speedway Swan Investors, LLC, an affiliate of Larsen Baker, was represented by Isaac Figueroa, CCIM, SIOR, who handled the transaction.

For more information, contact Figueroa at 520.296.0200 ¦ Ext. 218.

TUCSON, AZ (August 2, 2024) – The 82-room Comfort Suites at the Airport, 6935 S Tucson Blvd. in Tucson, sold for $5 million ($61,000 per room). JOT Properties of Tucson was the seller, and 6935 S Tucson, LLC, an affiliate of SVP Holdings of Tucson, was the buyer.

The transaction concluded on July 22, 2024.

Constructed in 1998, the 72,240-square-foot, three-story Comfort Suites Airport is near the Tucson International Airport, Interstate 10, and Interstate 19. The hotel is also minutes from the Desert Diamond Casino, Arizona-Sonora Desert Museum, Pima County Fairgrounds, Old Tucson Studios, the University of Arizona, and San Xavier del Bac Mission.

Guests relax in an outdoor heated pool with a whirlpool and enjoy free Wi-Fi, airport transportation, local calls, weekday newspapers, laundry facilities, and dry cleaning services. The hotel offers a free hot Your Morning Breakfast. There is an on-site business center with copy and fax services.

All rooms are pet-friendly and feature a living room, bedroom, and full bathroom. They also have refrigerators, microwaves, coffee makers, irons with boards, and cable television.

To learn more, see RED Comp #11405.