$925,000

About this property

Village Mobile Home Park is a great multifamily investment with 15 units (13 occupied by owner discretion), situated on a level, 2 acre parcel with city water and septic system. Ideally set up for both a lifestyle or absentee owner, this modular home community has seen significant recent capital upgrades to its complete water and 50% of its septic systems. Family owned investment for two generations. Recent capital investment: Tree care $5,565 (2023) water lines $69,900 (2023); septic replacement $40,000 (2024); water shut offs $15,800 (2024); full inspections completed on all systems. Recent RTB decision for additional rent increase to amortize capital upgrades. Invoice and permits provided; buyer to verify. Full package available upon request. (id:66946)

Features