Multi Family MHP
$650,000
3317 East Highway 20, Nice, CA 95464
6
Cap Rate
42,406 acres
Lot Area
Details:
Description:
LAKE COUNTY MULTI FAMILY INVESTMENT PROPERTY. This established mobile home park offers 22 RV/Mobile home sites and an additional LAKE FRONT home. The north side of the park has direct access to Hwy 20 and is just minutes away from downtown Nice. The south side of the park is accessed from Lakeshore Blvd and is directly across the street from beautiful Clear Lake. The purchase of this property includes 17 units, which are currently sub-metered for electricity and the monthly cost is added to the tenants rent. An additional home is directly on the lakes edge and has an unobstructed view of Mt. Konocti across the water. Currently this home is being used by the property manager but, because this sit across the street from the park, it can be used as a personal oasis for you and your family to enjoy! This affordable mobile home park is priced to sell and ready for some TLC to bring it back to its full potential.
www.lakecounty.com
Water Front property
90% full with a 6% CAP
Manager's Home on the water
Location

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