Just reduced & Great cash flow rental property with a CAP RATE of 16+% looking for new owners! Each unit has it's own public electric & water meter & hooked to sewer. Tenants pay their own utilities. Trash pick up is paid thru property taxes. Low monthly maintenance expenses! Tenants maintain their own yard space. Seller has put in $40,000+ in upgrades & maintenance in the last year to bring up quality of park & increase monthly rents. Tenants are on a 6 month lease period so rent can increase up to twice a year. There is a separate common Laundry facility with coined operated washer/dryer for tenants use. There is a current office unit that can be turned into an efficiency for rent. All units have range, refrigerator & window unit (a/c & heat). Age of mobile homes vary. Seller willing to consider financing. All sizes are approximate.
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.
