Trail West Mobile Home Park

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Address: 115 W 5th Ave, Sun Valley, Nevada, US
Created date: July 18, 2023
Date last updated: April 16, 2024
  • 16 space mobile home park
  • Potential to add additional spaces
  • No park owned homes
  • Central location

Property Description

The Trail West Mobile Home Park is a well-established and highly sought-after property in the heart of Sun Valley, NV. This mobile home park offers a unique investment opportunity with its prime location, spacious lots, and a tranquil atmosphere. The property features 16 spaces and a commercial building which is a non-confirming use and could be demolished to add additional park spaces. All mobiles are owned by the tenants which reduces the owners maintenance costs and all space rents are at $625 per month. Upon sale the Sun Valley General Improvement District will impose water and sewer impact fees upon sale. Owner is open to negotiating those costs.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings | MHC & RV Community
No. of Units: 17
Cap Rate: 5.74%
Average Occupancy: 100.00
Year Built: 1971
Lot Size: 1.98 Acres
APN: 085-650-29
Zoning Code: GC
Opportunity Zone: No
Address: 115 W 5th Ave

Unit mix

Description No. of Units Sq ft. Avg. Monthly Rent
Spaces 16 0.00 625.00

FINANCIAL DETAILS

Income/expense info: Pro Forma
Financial year: 2023
Gross income: 140400.00
Effective Gross income: 136188.00
Operating expenses: 44296.00
Net operating income: 91892.00

Additional contacts

Full name Phone number Email address
Ben Galles 775 750 6429 [email protected]

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