Trail West Mobile Home Park
- 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 |
| Multifamily type: | Mobile Home/ 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 |
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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