2000 Paiute Ln - Manufactured Housing/Mobile Housing FOR SALE


Susanville, CA 96130
$2,175,000 USD
562-879-0367
2000 Paiute Ln, Susanville, CA for Sale
$2,175,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/5
null | 7.98% Cap Rate

2000 Paiute Ln
Susanville, CA 96130


HIGHLIGHTS

  • Low Vacancy Turnover
  • No Problem Tenants
  • City Sewer

OVERVIEW

Pine View has 46 mobile home spaces and 6 RV spaces. The park has three park owned homes. Gas and Electric are direct billed. The property is on City sewer and a good well. The park has vacant lots, but the owner has not out capital into buying homes. vacancies never last more than 10 days. The manager receives free rent in a park owned double wide. Problem tenants have been evicted over the last three years and now only one tenant pays later than the 6th. Owner will not carry paper. The roads and street lighting need to be replaced.

FOR SALE DETAILS

PRICE

$2,175,000 USD

PRICE/SF

$2,175 USD /SF

# OF UNITS

46

PRICE/UNIT

$47,283

CAP RATE

7.98%

% LEASED

82%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

46

LAND DETAILS

LAND ACRES

10 AC

LAND SF

435,600 SF

ZONING

MH

APN/PARCEL ID

101-170-007-000

ASK ABOUT THIS PROPERTY

David RogersDavid RogersMore Info
562-879-0367

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

David RogersDavid RogersMore Info
562-879-0367

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.