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| Gainesville - 1 Bedrooms 1 Bathrooms 500 Sqft Mobile Home |
Ad ID: 294036 |
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Hello, Investment property here. This is a great investment! Immediate equity!14 Unit Trailer Park. Appraised for $375,000 in 2004. I paid $370,00013 units exist. I recently tore down one that was just unrepairable. It is easy to put another one in its place.In the past 4 years we have replaced a large amount of flooring in the trailers. Remodeled most of them, replaced main plumbing lines and fixed all septic tank issues. We also just painted all of the trailers the same color and cool sealed the tops.Some of the trailers we carry the utilities on and $15 of the total rent is applied toward utilities so the following is not perfectly accurate. Bottom line, you should be able to make $20,000 to $30,000 per year if you do things semi right with this park. After it's paid for, it is a cash cow and the land values will have grown immensely as they have in the past 4 years. Call 770-540-1939
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Bedrooms
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1 |
Bathrooms
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1 |
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Year Built
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1980 |
Property Type
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Mobile Home |
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Lot Size
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2.3 |
Size(Sq. feet)
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500 |
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Roof Type
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Asphalt Shingle |
Exterior Type
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Metal Siding |
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Property Taxes
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1000 |
Garage(in cars)
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0 |
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