Income Opportunity Knocking.. This mobile home park is a steady income producer, with 11 lots and 7 park owned mobile homes. 7 lots include both mobile home and lot rent. 1 additional home is an RTO approximately 9 years left on the note plus lot rent. The remaining 3 park owned lots provide lot rent income and all have a privately owned home on them. All existing lots are occupied by Park Owned homes or tenants. Additional room per owners to expand by adding up to 20 RV spaces. Great rental history. Income/expense history boasts a nice CAP Rate at the current asking price. A proven property, good location. Great cash flow and long-term opportunity. No drive-bys please. Apt. Only.
Listing
Street
Satellite
Exterior Features
Construction Manufactured
Garage No
Water City
Interior Features
Heating Baseboard, Central
Cooling Central AC, Window AC
Year Built 1972
Neighborhood & Schools
Subdivision Lakeview Terrace
School Disrict Cleveland - Sch Dist (72)
Financial Information
Zoning N/A
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.