Money money money!!! Rake in on this Great opportunity to own your own Residential income property! Without the headaches of repairs. This mobile home park has 14 spaces all newer units . 12 Tenants pay $420 plus a month for space each tenant pays their own utilities all on separate meters in place are in a 10 year lease agreement, 8 years remain on the lease. Rents can be raised. There is also $120,000 worth in Palm Trees!4 septic tanks 2 are 4K gallons and 2 are 3K gallon tanks Water well is 7 years new. There is a meter for each home for water and for power each unit pays their own. Seller lives in the unit and pays; Taxes $165.33 per month (1984 per year) Insurance $110 per month Trash $250 Gas $20 Water well power $80-100 Total expenses =$635.33 per month Income from 12 units = 5040 Income from double wide = 400 (month to month may be raised to minimum $700) Income from sellers unit potential $700 Current income is $5440.00 Potential income $6440.00 Plus

  • MLS# 218004610DA
  • Sub-Type Resale
  • Status Active
  • Year 2004
  • Days On Site 16
SQ Feet 1,152
Units 14
Building(s) 1
Listing Provided By:
Angela Maciel-Gibbons  of  HomeSmart Professionals
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $850,000
0.00%
$850,000 in 92274
this listing 1,152 SqFt
0.00%
1,152 SqFt in 92274
this listing $738 $/SqFt
0.00%
$738 $/SqFt in 92274
this listing 16 on site
0.00%
16 on site in 92274

Location

State CA
County Riverside
City Thermal
Zip Code 92274
Area 316 - Thermal

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