Photo 1 of 1
$690,500
Sold on 1/01/20
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
|
0.00 |
115,046 |
$5,880 |
1961 |
On the market:
44 days
|
View full details, 15 photos, school info, and price history
DISCOUNTED INVESTMENT PROPERTY. Beautiful waterfront mobile home and RV park!!! Only $11,583 per pad!!! Insane cashflow, 23%+ net proforma return with 80% average occupancy!! CLEAN ENVIRONMENTAL REPORT IS AVAILABLE!!! Property consists of 60 rental pads and a single family house. Separate electric meters. Well and septic system in place. Boat parking available and can be rented for additional income. All parks in the area have 100% occupancy at $400+/month on each lot. This park will generate $299,400+ with all units rented at $400+/month. Additional $10,000 to $20,000 can be generated from slip rentals. Very inexpensive property to own and operate as pads do not need maintenance. Beautiful view. Priced at a discount for a quick sale. Value add opportunity or long term hold. Perfect for retirement and fishing lifestyle.
Listing courtesy of JimmyV Villarroel, REALPRO INC