11 pad Mobile home park in a gentrifying area with brand new homes built directly across the street. There are 10 park owned homes and one empty pad. 9 of the homes are currently rented, bringing in $4700/ mo in gross rental revenue. There are a few things that could be fixed to really bring rents up to market value of $7000/mo or more. The park sits on 1.4 acres. Tenants are all paid up to date. Owner currently pays for water, trash, and lawn cutting. This is a very good deal for the right investor. It’s definitely priced to sell with so much value add to push rents higher. Please do not disturb the tenants, they are good people. Will pay 2.5% commission to any agent who brings a buyer.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
