Mobile Home Park Details
- Cap Rate: 8.1%
- Listing ID: 2346682
- Posted On: Apr 4, 2023
- Updated On: Apr 7, 2023
Description
For more information you can also check our website: https://buyfuturerealestate.com/2023/02/09/riverdale-tp-mira-loma-ca-1-7m/
Land Size: 1.36 Acres
Type of Park: All Age Community
# of Spaces: 15 mobile home spaces, 6 RV
Spaces & 3 Apartments
Utilities:
Electric & Gas are Direct Billed
Water & Sewer are Sub-metered
Trash is charged as a flat fee
Location
NEW ELECTRIC & GAS VIA
CPUC UTILITY UPGRADE
APARTMENTS UPDATED
STRONG RENTAL MARKET
BANK FINANCING READY
LOW MAINTENANCE
PRO MANAGEMENT INPLACE
NO RENT CONTROL
11416 Holmes Avenue, Mira Loma, CA 91752
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 15 |
| Year Built: | 1958 |
| Average MH Lot Rent: | $595 |
| Size: | 1 acre(s) |
Financial Information
| Gross Income: | $216,927 |
| Operating Expense: | $137,385 |
| Net Operating Income: | $137,385 |
| Expense Ratio: | 63.3 % |