Mobile Home Park Details
- Purchase Method: Cash
- Listing ID: 640174
- Posted On: Mar 4, 2016
- Updated On: Apr 11, 2016
Description
Starting Bid $500,000
61 unit Mobile Home Park on Las Vegas Blvd. The cities utilities (water, sewer). Gas and electric directly billed to the tenants. Water is separately metered. The Mobile Home Park was repaved in 2014 and there is redevelopment potential and/or major upside in filling empty spaces. The 61 unit mobile home park is located near a redevelopment area in North Las Vegas and has approximately 400ft of frontage on Las Vegas Blvd.
Property Highlights
• 61 Unit Mobile Home Park
• +$300,000 Worth of Homes Included in the Sale
• N. Las Vegas Blvd Frontage
• Located Near Redevelopment Area
• Low Maintenance
• Across the Street from New Casino
Christopher Clifford
The Equity Group
NV RE Lic No: 67842
702-277-0390
Steve Neiger
The Equity Group
NV RE Lic No: 78706
702-369-4300 EX. 121
https://www.auction.com/details/2537-north-las-vegas-blvd-las-vegas-nv-89030-193046599-b_177
Auctioneer Licensing Information
Auction.com, Inc. Vibhav Kapila RE Brkr Lic No. B.1001472.CORP
Park Information
Number of MH Lots: | 61 |
Total Occupancy: | 59.0 % |
Year Built: | 1959 |
Size: | 3 acre(s) |
Financial Information
Net Operating Income: | $108,294 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |