• Price:
  • Rooms: 5 bed(s), 4 bath(s)
  • Model: 1971
  • Property ID: 4265696
  • Posted On: Jan 12, 2024
  • Updated On: Mar 29, 2024
This Listing is Off Market

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Mobile Home Description

Mobile home with huge potential return on investment and strong cash flow from day 1. Paying $1,090 monthly to rent the land space and producing $6,000-$7,000 in potential GCI when fully rented, this 4 unit property gives a potential Cap Rate of 20%-25%! Units: 2/1 currently renting for $2,400, Large 1/1 currently renting for $1,600, Smaller 1/1 currently renting for $1,300, and other large 1/1: is currently owner occupied and will rent anywhere from $1,500-$1,600. Retail condition and 100% fully functional with 2 Separate and enclosed laundry units, a storage unit, spacious patio on each side, new fence, new A/C, and outdoor countertop for barbecuing. Well divided and spacious property gives a modern and private feel to each tenant.

Listing Status: Pending

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