Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: New Loan
  • Cap Rate: 8.0%
  • Listing ID: 373994
  • Posted On: Jun 3, 2013
  • Updated On: Oct 30, 2017

Description

Owner says SELL. Price reduction from $2.5mm to $1,690,000. ALL CASH BUYERS/QUICK CLOSE WILL GET THE ATTENTION OF THE SELLERS. Westwind Mobile Home Resort is a well maintained mobile home resort community located on the shores of Clear Lake, the largest natural freshwater lake in California. Residents enjoy their own private boat dock, swimming pool, BBQ pit, covered picnic area, and a large park-like lawn area. Homes sit above lake level and provide beautiful lake views for home owners.

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Park Information

Community Type: All Age
Number of MH Lots: 44
Year Built: 1965
Average MH Lot Rent: $550
Size: 9 acre(s)

Financial Information

Net Operating Income: $179