SELLER DESIRES CLOSE BY END OF YEAR 2024 | 815 Sky Rd
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SELLER DESIRES CLOSE BY END OF YEAR 2024 815 Sky Rd
114 Unit Mobile Home Park £2,347,350 (£20,591/Unit) Indian Springs, NV 89018
Investment Highlights
- Path of Progress/Approximate 30 Minutes from Las Vegas/New SFR and Commercial Development in Indian Springs
- Potential 11.2 CAP on In Place Homes and Park/Only $26,315 Per Space
- Seller Financing with 30% Down Payment at 7.5% 30/10
- Upside: 7 CAP on Current 26% Occupancy for the Park. 4.0 CAP with In Place 55 Homes (Approximately 30 Vacant - Some Rent Ready)
- 2 Separate Contiguous Parks on Separate Parcels!
- Creach Air Force Base located in Indian Springs near the Property
Executive Summary
SELLER WANTS THE PROPERTY SOLD AND CLOSED BY YEAR END.
Submit Your Best Offer Seller Financed or Cash.
Seller Will Respond NO LATER THAN NOVEMBER 12, 2024 TO HIGHEST AND BEST OFFERS.
We are presenting Mi Casita MHP - a compelling investment opportunity in Indian Springs, NV. This property boasts 114 units, offering significant potential for a multifamily/mobile home park investor. With a 26% occupancy rate, there is ample room for growth and increased revenue. Full city utilities include water, sewer, and park-owned homes for additional income potential. The location near Creech Air Force Base and the New Residential Development Solaris by Beazer Homes ensures a steady flow of potential tenants. Priced based on current in-place income and expenses, this property promises a lucrative return on investment.
Mi Casita comprises 2 Contiguous Mobile Home Parks on 4 Separate Parcels, including 786 and 815 Sky Road and 351 W Boulder Lane.
FOR FULL MARKETING BROCHURE PLEASE CONTACT THE LISTING AGENT
Submit Your Best Offer Seller Financed or Cash.
Seller Will Respond NO LATER THAN NOVEMBER 12, 2024 TO HIGHEST AND BEST OFFERS.
We are presenting Mi Casita MHP - a compelling investment opportunity in Indian Springs, NV. This property boasts 114 units, offering significant potential for a multifamily/mobile home park investor. With a 26% occupancy rate, there is ample room for growth and increased revenue. Full city utilities include water, sewer, and park-owned homes for additional income potential. The location near Creech Air Force Base and the New Residential Development Solaris by Beazer Homes ensures a steady flow of potential tenants. Priced based on current in-place income and expenses, this property promises a lucrative return on investment.
Mi Casita comprises 2 Contiguous Mobile Home Parks on 4 Separate Parcels, including 786 and 815 Sky Road and 351 W Boulder Lane.
FOR FULL MARKETING BROCHURE PLEASE CONTACT THE LISTING AGENT
Property Facts
| Price | £2,347,350 | Building Class | C |
| Price Per Unit | £20,591 | Lot Size | 12.32 AC |
| Sale Type | Investment | Building Size | 1,126 SF |
| Sale Conditions | High Vacancy Property | Average Occupancy | 26% |
| No. Units | 114 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1960 |
| Property Subtype | Manufactured Housing/Mobile Home |
| Price | £2,347,350 |
| Price Per Unit | £20,591 |
| Sale Type | Investment |
| Sale Conditions | High Vacancy Property |
| No. Units | 114 |
| Property Type | Residential |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 12.32 AC |
| Building Size | 1,126 SF |
| Average Occupancy | 26% |
| Number of Floors | 1 |
| Year Built | 1960 |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 114 | - | - |
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SELLER DESIRES CLOSE BY END OF YEAR 2024 | 815 Sky Rd
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