Reset Property! Liberty Estates vacated all tenants in the first quarter of 2016 and began rebuilding. Now, as of January 2017, the mobile home park has been able to fill 7 spaces, 3 of which are park-owned homes. With 18 current vacancies (9 of which being park-owned), there is MUCH room for upside! Prior to 2016, Liberty Estates was able to make over $30,000 / year in lot rent alone!

With 12 rental homes, there is possibility for long-term wealth-building via selling the homes under a rent-to-own contract. This tends to lock in higher occupancy rates as well!

There are 3 wells on the property, 2 are operational, and a septic system with a brand-new $2,100 motor! Well & Septic expenses are owner-paid as of the moment, allowing additional upside for a flat-rate billing-back system to be put in place. Electric is serviced by the city and is the only utility paid by the tenants (only 15% of electric expenses are captured; more upside!).

Owner-Managed. Zoned for possible expansion!

Seller Financing Available! Terms to Be Negotiated.

Click Here for and Offering Memorandum: https://wwws.stagexchange.com/strattongroup/NV2