Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 714730
- Posted On: Oct 19, 2016
- Updated On: Dec 15, 2016
Description
Live Auction Event http://bit.ly/2ejCYTk
Investment Highlights:
• Value Add Opportunity
• Laundry and Clubhouse Facilities on Site
• Newly Paved Roads on Site Management
• Easy Access to Marinas, as Well as Ski Mountains
Investment Overview:
The offering is Lakeview Pines, a 70-pad, 5.0 acre mobile home park located in Big Bear Lake, CA. The property has 16 Park owned homes, 22 Renter owned homes, and 8 newly Renovated RV spaces. The property has a clubhouse on site that includes a full kitchen, outdoor BBQ area, and a big screen TV. The property also has laundry facilities on site. Currently, the subject is 100% leased per the 8/16/2016 rent roll.
Auctioneer Licensing Information
https://www.ten-x.com/commercial/details/39609-big-bear-blvd-big-bear-lake-ca-92315-193050557-b_195
Property Tour and Contact Detail Information:
Property tours are available by appointment. Please contact the listing broker to schedule a tour of the property.
Ten-X Vibhav Kapila RE Brkr 01994943
Ten-X Auction Surety Bond 106465786
Amenities
- Laundromat
- Club House
Park Information
Community Type: | All Age |
Number of MH Lots: | 70 |
Total Occupancy: | 70.0 % |
Year Built: | 1940 |
Size: | 5 acre(s) |
Financial Information
Net Operating Income: | $91,755 |
Utility Information
Water: | City |
Sewer: | City |