Please note income and expenses have been revised as of 9/1/2022. Almost 11% CAP RATE AT CURRENT RENTS. 50% down private financing now available. Rent roll and income & expense statement available.12 unit mobile home park with 11 lot rent only tenant owned mobile homes and 1 parked owned mobile home. 11 lot rent only are rented for $450/month and 1 parked owned mobile home rented for $500.00 + $150/mo for equipment parking. Lot Rents are under market value and can be increased in current condition. Tenants mow their own lawns. updated Rent Roll and income and Expense Statements as of Sept 2022 are attached to listing. it is currently owner managed. 5 day inspection period max. Escrow deposit is 5% minimum and must be paid within 24 hours of accepted offer. No Finance and/or Appraisal Contingencies. Do you due diligence before writing offer. Escrow Deposit is non refundable after inspection period. All leases are verbal and on month to month. What you see is what you get. Experienced Mobile Home Park owner/operators offers will be given priority. Do not disturb tenants. Rare opportunity! Submit your highest and best offer with terms as stated above.
Central Air, Wall/Window Unit(s)
Metal Siding, Other, Vinyl Siding
BB/HS Internet Available, Cable Connected, Electricity Connected, Private