Description
Sunrise Mobile Home Park Offers the Investor over $121,000 in gross annual income, an attractive 7.70% CAP Rate of Return on their Investment with very low Maintenance & Low Annual Expenses. This Manageable Family Oriented Mobile Home Park is HCD Permitted for 16 Mobile Home Pads, all Tenant Owned Homes, on approximately 3.88 acres. There is a Septic System and Shasta County regulated Water Well. All PG&E Electrical and Gas Lines have been Updated with each Home Separately Metered. The Circular Drive is Graveled. Potential for upside: upgrading current (non-functional) laundry room, and commercial expansion on backside of property to be verified with the County. Seller may consider short term Seller Financing with Large Down Payment.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Sunrise Mobile Home Park Offers the Investor over $121,000 in gross annual income, an attractive 7.70% CAP Rate of Return on their Investment with very low Maintenance & Low Annual Expenses. This Manageable Family Oriented Mobile Home Park is HCD Permitted for 16 Mobile Home Pads, all Tenant Owned Homes, on approximately 3.88 acres. There is a Septic System and Shasta County regulated Water Well. All PG&E Electrical and Gas Lines have been Updated with each Home Separately Metered. The Circular Drive is Graveled. Potential for upside: upgrading current (non-functional) laundry room, and commercial expansion on backside of property to be verified with the County. Seller may consider short term Seller Financing with Large Down Payment.
IDX information © 2023 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2023-03-27T12:59:33.963.
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