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Desert Palm Mobile Home Park 17669 Frontage 12 Unit Mobile Home Park $1,095,749 CAD ($91,312 CAD/Unit) 9.44% Cap Rate North Edwards, CA 93523
INVESTMENT HIGHLIGHTS
- 9.44 CAP Rate - Current
- 92% Occupancy
- Potential Seller Financing with $300,000 down payment
- Includes 5 Park-Owned Double Wide Homes and a 3BR/2BA SFR
- Approximate $100,000 investment in Solar Panels that convey with the Sale
- Quick Potential Escrow
EXECUTIVE SUMMARY
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 92%.
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.
SELLER HAS REQUESTED THAT ALL SITE VISITS BE BY APPOINTMENT ONLY AND THAT THE MANAGER NOT BE DISTURBED.
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.
SELLER HAS REQUESTED THAT ALL SITE VISITS BE BY APPOINTMENT ONLY AND THAT THE MANAGER NOT BE DISTURBED.
PROPERTY FACTS
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Desert Palm Mobile Home Park | 17669 Frontage
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