11% CAP Rate - 4 Unit Mobile Home Park with great tenants and in a great location.
The two southernmost homes are owned and rented out, the two northernmost homes are tenant owned with the lots being rented.
This rental property has very little owner expenses, tenants pay for their own heat and electricity. The property includes a private well and 2 separate septic systems for minimal water/sewer expense.
Unit #4 is a 3 bedroom 1 bathroom, 980 SqFt.
Unit #3 is a 2 bedroom, 1 bathroom, 980 SqFt.
Contact your agent for financials.
Listing courtesy of Nicholas Hoover, Coldwell Banker Crown Realtors