Multi Family MHP

3317 East Highway 20, Nice, CA

$650,000

Price

6%

Cap Rate

42,406 acres

Lot Area

Gallery
Street
Map
Overview
Cap Rate
6%
Lot Area
42,406 acres
Units
23
Occupancy
95%
Year Built
1961
Zoning
CR Commercial Resort
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
Gallery