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GRM 8.5--R.V. & Rental Complex | Palmdale CA | 7188146836

This listing was posted on Americanlisted.

$223

GRM 8.5--R.V. & Rental Complex

Price:
$223
Location:
Palmdale, CA
Description:

LEASE ROLL as of 7/1/2014; $223,668+. GRM 8.5. Status: FOR SALE.Cost: $1,900,000 R.V. / MH Rental Complex.Address: 93590 HWY 99 Type: Multifamily Style: Unknown Suite: No Living Area: Year Built: 1950. Kountry Village Rental Complex, in between Eugene & J.C. Very well kept & always in Demand. Outstanding potential near State Hospital that is presently under building. GROSS RENT MULTIPLIER (GRM): 8.76 Features include: Remodeled Owner occupied Farm House, 12 park possessed Mobile devices with Lifetime Membrane roofs, 16 RV areas (plus Recreational Vehicle barn), 1 MH rental area (full), 3 Duplexes, 1 studio home. New 20 GPM well in 2012, plus irrigation/backup well. Do not visit without appointment or disturb occupants. Very low taxes of $4442.07 are right. Showings will certainly be to competent buyers just, must supply evidence. New Sewer along Prairie Rd. could increase potential if permitted to utilize, however might need annexation Buyer to Verify all home details and future. Seller will certainly think about bring contract with substantial deposit. -------------------------------------------------------------------------------- INCOME / EXPENSES & FINANCIAL INFORMATION -------------------------------------------------------------------------------- Current Rent Roll: $223,668 Projected Net Income: $200,663 Operating Expenses: $23,000 Gross Rent Multiplier: 8.5 Investor Info: RNT-REC Property Tax/Yr: $4,442.87 Terms: CONV, CALL-LA, CASH, OWNCONT BAC: % 3.View Full Details: http://platform.point2.com/Report/lcts.ashx?lid=54549352=CL=normbrock1.point2agent.com. Standard Brock.Cobalt Realty Group LLC.Phone:.show contact info.Cell:.show contact details.Site: normbrock1. point2agent. com. Info is considered to be right but not ensured. Brokered and Advertised by Cobalt Realty Group LLCLID 54549352.
Property Type:
Commercial & Office Space for Rent
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