12 rental units at 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 100%.
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.
ALL SITE VISITS BE BY APPOINTMENT ONLY AND THAT THE MANAGER NOT BE DISTURBED.
PLEASE NOTE: SELLER HAS BEEN IN RECEIPT OF NUMEROUS OFFERS WITH NO DOWN PAYMENT SUBJECT TO A DSCR LOAN AND SELLER IN 2ND POSITION. SELLER PREFERS A TRADITIONAL OFFER WITH THE BUYER PLACING A MARKET DOWN PAYMENT ON THE PROPERTY WITH ATTRACTIVE SELLER FINANCING. FOR DSCR LOANS - THE PRICE IS $800,000 AND A MARKET SELLER FINANCED INTEREST RATE
15 days
|
170
|
11
|
Listed by:
Property Owner(818) 517-2804
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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