Photo of Mobile Home Park
Mobile Home Park Details
- Purchase Method: New Loan
- Cap Rate: 8.0%
- Listing ID: 373994
- Posted On: Jun 3, 2013
- Updated On: Oct 30, 2017
Description
Owner says SELL. Price reduction from $2.5mm to $1,690,000. ALL CASH BUYERS/QUICK CLOSE WILL GET THE ATTENTION OF THE SELLERS. Westwind Mobile Home Resort is a well maintained mobile home resort community located on the shores of Clear Lake, the largest natural freshwater lake in California. Residents enjoy their own private boat dock, swimming pool, BBQ pit, covered picnic area, and a large park-like lawn area. Homes sit above lake level and provide beautiful lake views for home owners.
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Park Information
| Community Type: | All Age |
| Number of MH Lots: | 44 |
| Year Built: | 1965 |
| Average MH Lot Rent: | $550 |
| Size: | 9 acre(s) |
Financial Information
| Net Operating Income: | $179 |