Desert Palms Mobile Home Park
$799,000
17669 Frontage Road, North Edwards, CA 93523
1,201 sqft
Building Size
2.12 acres
Lot Area
Details:
Highlights:
- 9.44 CAP Rate
- Includes 5 Park-Owned Homes and a 3BR/2BA SFR
- 92% Occupancy
- Approximate $100,000 investment in Solar Panels that convey with the Sale
- Potential Seller Financing
Description:
Desert Palms Mobile Home Park rests on approximately 2.12 acres, comprised of 2 separate, contiguous parcels. The property comprises 12 rental units, including an approximate 1,400 SF 3 BR/2BA single-family house and 11 other rental units. 5 of the units are double-wide Park-Owned homes and will convey with the sale. The remaining 6 are tenant-owned. Occupancy is currently at 92%.
Included with the Sale is an approximate $100,000 investment in Solar Panels that reduce electricity costs.
The Seller has indicated that with a $300,000 down payment, Seller Financing at market terms will be considered.
SELLER HAS REQUESTED THAT ALL SITE VISITS BE BY APPOINTMENT ONLY AND THAT THE MANAGER NOT BE DISTURBED.
North Edwards (formerly, Edgemont Acres and North Muroc) is a census-designated place (CDP) in Kern County, California. Situated in the Mojave Desert, North Edwards is located about 7.2 miles north-east of Edwards Air Force Base, at an elevation of 2,293 feet.
Documents:
| Title | ||
|---|---|---|
| Marketing Brochure #1 |
Location
