Description
Fantastic investment opportunity with steady rental income history. This mobile home park sits on over 1.5 acre with 16 lot spaces, 9 mobile homes are owned by the park & collecting rent, with additional 7 mobile homes leased. 100% occupied, this park is a well run investment, with long term tenants in a prime location. Combined monthly income is $13,100 & projected monthly rent is $14,800. Sitting right on the main road through booming Homedale, this property is zoned Commercial & can be used for a myriad of uses, if buyer wishes to utilize this versatile property in a different capacity. This acreage in the heart of downtown offers endless potential for commercial or a multi-family development. The park offers ample parking for tenants & guests, & offers varying sized units to accommodate an array of tenants & rent amounts. 2 units = 1 bedroom/1 bath, 2 units: 2 bedrooms, 4 units = 3 bedrooms, & 1 unit = 4 bedrooms. Please do not disturb tenants, drive by only to view, there is no sign at property.
Directions: From downtown Homedale, W on Hwy 19 (Idaho Ave) to park entrance.
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22BEDS
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1.58ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Courtesy of RE/MAX Capital City.Description
Fantastic investment opportunity with steady rental income history. This mobile home park sits on over 1.5 acre with 16 lot spaces, 9 mobile homes are owned by the park & collecting rent, with additional 7 mobile homes leased. 100% occupied, this park is a well run investment, with long term tenants in a prime location. Combined monthly income is $13,100 & projected monthly rent is $14,800. Sitting right on the main road through booming Homedale, this property is zoned Commercial & can be used for a myriad of uses, if buyer wishes to utilize this versatile property in a different capacity. This acreage in the heart of downtown offers endless potential for commercial or a multi-family development. The park offers ample parking for tenants & guests, & offers varying sized units to accommodate an array of tenants & rent amounts. 2 units = 1 bedroom/1 bath, 2 units: 2 bedrooms, 4 units = 3 bedrooms, & 1 unit = 4 bedrooms. Please do not disturb tenants, drive by only to view, there is no sign at property.
Directions: From downtown Homedale, W on Hwy 19 (Idaho Ave) to park entrance.
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