NEW PRICE,NEW TERMS!!! Owner will finance @ 7% Fully amortized over 12 Years. No Banks to deal with!!! 50 space Mobile Home Park in the best location in Yuma. Park has an additional 3 houses. This property was just foreclosed on and the owners are offering a great deal in order to get it off their hands. Once this park is up and running the cash flow and cap rate will be incredible. 28% cash on cash with $125K down, if the new owner brought in Mobiles for rent the cash flow would even be better. This Park is being sold AS IS. At present there are 20 tenants. This vacancy factor is due to the foreclosure process. All financial numbers are based on what comparable parks in the area.Due to the fact that this property was just taken back in foreclosure there are no books or records.

The rents used in the pro forma are low for the area. Utilities are billed direct to the tenants. Park is on City water and sewer.