SELLER FINANCING!!! The owner will carry $1,000,000.00 @ 5.75% Interest Only (or more) for 5 years from close of escrow at which time the note will become all due and payable.
Klahanne is a 55+ community comprising of 37 sites and 1 apartment (30 mobile homes, 6 park models, 1 RV site and a furnished 1-bedroom apartment). Amenities include a 1,400 sq. ft. clubhouse, laundry, pool, spa, LED street lighting, shuffle board and general storage. The community is gated with security cameras. The park is on a septic system and the tanks have regular maintenance and are in good working order. All of the homes are tenant owned. There are currently 4 contracts for sale (see enclosed package for a breakdown). The income from the contracts are NOT included in the income shown on the profit and loss statements so this is EXTRA MONEY to the bottom line.