Description
11 unit mobile home park with 7 single wides and 4 double wides. 7 Single Wide's are rented for $600/month and 4 Double Wide's are rented for $800.00. Rents are under market value and can be increased in current condition. The Mobile Homes are older but always rent fast. Tenants mow their own lawns. Net income is based on gross income less landlord paid public water at a cost of approx $600/mo and annual property taxes. it is currently owner managed. Water supply main was recently upgraded for good water pressure. Multiple septic systems serve clusters of homes and work fine. CASH ONLY. 3 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. 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 CASH OFFER with terms as stated above.
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0BEDS
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2.46ACRES
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0BATHS
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01/2 BATHS
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10,598SQFT
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$50$/SQFT
School Ratings & Info
Description
11 unit mobile home park with 7 single wides and 4 double wides. 7 Single Wide's are rented for $600/month and 4 Double Wide's are rented for $800.00. Rents are under market value and can be increased in current condition. The Mobile Homes are older but always rent fast. Tenants mow their own lawns. Net income is based on gross income less landlord paid public water at a cost of approx $600/mo and annual property taxes. it is currently owner managed. Water supply main was recently upgraded for good water pressure. Multiple septic systems serve clusters of homes and work fine. CASH ONLY. 3 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. 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 CASH OFFER with terms as stated above.
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