Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 6.1%
  • Listing ID: 1681852
  • Posted On: Jun 3, 2022
  • Updated On: Sep 29, 2022

Description

NOT a park, but a unique property featuring 2 ready to rent real property mobiles (currently in convervsion w/state of NV, approx 30 days til complete) that share a well & septic. RARE & AMAZING OPPORTUNITY! In community with low rental availability, vacancy should NOT be a problem! These LOW OVERHEAD rentals (TWO of them!) are complete homes with garages and a beautiful shared yard. Dual 2 bedroom mobile homes currently BOTH being converted to real property, ELIGIBLE FOR FINANCING! Major Improvements include Updated Roofs both units + garages ~ 50-year architectural shingles, redrilled well + new pump, complete electric rehab & new breaker boxes entire property, Barely used newer HVAC units just like BRAND NEW! Septic emptied + new lid system. Each home has own totally rehabbed garage including new doors, textured walls, ceilings, laundry room w/washer + dryer, covered front patio & blinds throughout + one features new carpet. Repainted homes, fully enclosed in chain link fence w/multiple gates, concrete driveways + walkways. Surrounded by refreshing paradise of beautiful desert landscaping (see video!) with full automated drip-irrigation. Vacant easy to view propert, PRICED TO SELL-DO NOT MISS OUT on incredible investment opportunity. EASY to view this VACANT property! Contact me or your preferred local realtor for acces. The Las Vegas rental market has transformed into one of the hottest markets in the country, rentals are scarce and prices have reached some of the highest in the nation.

Location

Pahrump Nevada, Southern NV approx an hour from Las Vegas

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Park Information

Year Built: 19781980
Average MH Lot Rent: $1,500
Size: 1 acre(s)

Financial Information

Gross Income: $36,000

Utility Information

Water: Well
Sewer: Septic

Video