Hickory, Mobile Home Park with 6 Units
The Numbers
Price $174,900. Owner Finance with 25K down
Updates / Repairs $ 0 to 15K
Cash flow of $2,520/month
Mortgage payment would be $989.93
Net cash flow would be $2520 minus ($989.93, taxes, insurance and any repairs).
CALL DANIEL NOW: 803-610-2164
Property Details
Unit 1 – 4BR, 2BA, Rented for $520/month
Unit 2 – 2BR, 1BA, Rented for $400/month
Unit 3 – 2BR, 1BA, Rented for $400/month
Unit 4 – 2BR, 1BA, Rented for $400/month
Unit 5 – 2BR, 1BA, Rented for $400/month
Unit 6 – Vacant and currently used for storage (Potential $400/month)
Investors looking for a big investment opportunity with a steady monthly cash flow? Here’s what we have to offer! Mobile home park with 6 units, all except one are rented with a monthly cash flow of $400 to $500/month each. You cannot get a better cash flowing property than this, WITH OWNER FINANCING! We have ALL documentation including rent rolls to verify this is a cash flowing machine!
These units have potential to go up on the monthly rent with some cosmetic updates/repairs.
Some Repairs May Be Needed Such As Cosmetic repairs of paint and carpet.
One of the unit’s carpet was recently updated.
You will need, cash, private money or hard money and need to be able to close within 1-2 weeks, as our properties sell very fast.
$1,000 non-refundable deposit.
Buyer pays all closing costs.
Property sold as-is.
Please Do Your Due Diligence Before Signing Contract
All closings are held at a state licensed attorney office, just like any other real estate closing.
Please call our asset manager Daniel at 803-610-2164 or email Daniel@InvestorsRehab.com ASAP to get more pictures, details, availability status, and to schedule a viewing of the property.