CURRENTLY UNDER CONTRACT BUT ACCEPTING BACK UP OFFERS!
Comprising of a community of 20 MH/RV sites and 1 stick-built home, Manes Trailer Park rests on an approximate 0.91-acre lot with 21 total units. All current homes are tenant-owned, and the park maintains ownership of no homes.
All homes at Manes Trailer Park are either 5th wheel or travel trailers occupied by long-term tenants who receive retirement income, social security, or SDI payments. In addition to the stick-built home, the property provides an onsite Wash/Storage Room. City Water and Sewer service the property and PG and E provides electricity to the park. The electricity is master metered with 30/50 amperage and is billed back to the tenants.
All property showings must be coordinated through the Listing Agent, Luis Vazquez, at 310-704-9109. The tenants and management are not aware of the sale and are not to be disturbed.
FINANCING AND TERMS OF SALE:
There is an Existing Assumable Loan - $220,000 at 6% - Due in 7 Years.
The Seller desires the following Terms:
Cash/Cash-to Loan or $150,000 Down to the Assumption of the Existing 1st TD and Seller Financing for the balance at a Negotiated Interest Rate and Term.
The Seller requests with an offer:
1. Verification of the Down Payment and a 3% Deposit ($16,500) in escrow. Escrow and Title to be the Seller's Choice. Due Diligence should be 14 days, and the Close of Escrow 30 days.