12 rental units at Desert Palms Mobile Home Park rests on approximately 2.12 acres, comprised of 2 separate, contiguous parcels. The property comprises 12 rental units, including an approximate 1,400 SF 3 BR/2BA single-family house and 11 other rental units. 5 of the units are double-wide Park-Owned homes and will convey with the sale. The remaining 6 are tenant-owned. Occupancy is currently at 100%.
Included with the Sale is an approximate $100,000 investment in Solar Panels that reduce electricity costs.
The Seller has indicated that with a $300,000 down payment, Seller Financing at market terms will be considered.
ALL SITE VISITS BE BY APPOINTMENT ONLY AND THAT THE MANAGER NOT BE DISTURBED.
PLEASE NOTE: SELLER HAS BEEN IN RECEIPT OF NUMEROUS OFFERS WITH NO DOWN PAYMENT SUBJECT TO A DSCR LOAN AND SELLER IN 2ND POSITION. SELLER PREFERS A TRADITIONAL OFFER WITH THE BUYER PLACING A MARKET DOWN PAYMENT ON THE PROPERTY WITH ATTRACTIVE SELLER FINANCING. FOR DSCR LOANS - THE PRICE IS $800,000 AND A MARKET SELLER FINANCED INTEREST RATE
38 days
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251
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Listed by:
Property Owner(818) 517-2804
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.