Description
3 mobile homes in a row for rental income. All are on septic and well which are about 10 yrs old. Septic's pumped out within 1 year. The one rented ($900.00/month) is in average condition, the one in the middle is poor condition and needs roof and side wall repair and the 3rd is in fair condition and was rented up till a year ago ($900.00). It also has a large carport. It would be perfect project for someone who knows how the repair/rehab mobile homes. Seller estimates two of them need around $5k each in work and the 3rd (middle unit) $15k+. Right now looking to bundle all 3 however will sell individually. Potential 10% CAP rate. Zoned RM (residential Mix).
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0BEDS
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0.7ACRES
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0BATHS
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01/2 BATHS
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2,969SQFT
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$73$/SQFT
School Ratings & Info
Description
3 mobile homes in a row for rental income. All are on septic and well which are about 10 yrs old. Septic's pumped out within 1 year. The one rented ($900.00/month) is in average condition, the one in the middle is poor condition and needs roof and side wall repair and the 3rd is in fair condition and was rented up till a year ago ($900.00). It also has a large carport. It would be perfect project for someone who knows how the repair/rehab mobile homes. Seller estimates two of them need around $5k each in work and the 3rd (middle unit) $15k+. Right now looking to bundle all 3 however will sell individually. Potential 10% CAP rate. Zoned RM (residential Mix).
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