315 Vine St, Fernley, NV 89408
12 Unit Mobile Home Park | $1,300,000 ($108,333/Unit) | 7.16% Cap Rate | Fernley, NV 89408
For Sale
Active
Asking Price $1,300,000
- Property Type
-
Multifamily
- Square Feet
- 1,561 SF
Listing Contacts
Lisamarie Wand
Property Overview
Welcome to the Freeway Mobile Home Park, where investment meets tranquility in the heart of Fernley, NV. Nestled in a highly sought-after location, this well-established property presents a unique opportunity for savvy investors. The additional 1.5 acres would be ideal for a additional development.
Property Highlights:
1. Prime Location: Situated conveniently close to the freeway, the Freeway Mobile Home Park offers easy access to transportation routes, making it an attractive choice for residents.
2. Tranquil Atmosphere: Enjoy the serene ambiance of this mobile home park, perfect for those seeking a peaceful living environment.
3. 12 Spaces: The property features a total of 12 spaces, providing ample opportunity for rental income and expansion possibilities. The property includes a 2-story barn that can be used as storage, office space and a potential apartment upstairs.
4. Ownership Conveyance: Of the 12 units, 8 are currently owned by the seller and will convey with the property, offering immediate revenue streams for the new owner.
5. Proximity to Amenities: Residents will appreciate the convenience of being close to shopping centers, dining options, and other essential amenities.
Don't Miss Out:
Seize the chance to own a piece of prime real estate in Fernley, NV. The Freeway Mobile Home Park combines convenience, tranquility, and investment potential into one compelling package. Contact us today to schedule a viewing and secure your investment future.
Each space has separately metered gas/electric. Owner pays water and trash. Property has 7 large septic tanks.
Note: Water rights attached to property are not included in the sale.
No Seller Financing Available
Buyer to check with city for requirements for additional development.
Property Highlights:
1. Prime Location: Situated conveniently close to the freeway, the Freeway Mobile Home Park offers easy access to transportation routes, making it an attractive choice for residents.
2. Tranquil Atmosphere: Enjoy the serene ambiance of this mobile home park, perfect for those seeking a peaceful living environment.
3. 12 Spaces: The property features a total of 12 spaces, providing ample opportunity for rental income and expansion possibilities. The property includes a 2-story barn that can be used as storage, office space and a potential apartment upstairs.
4. Ownership Conveyance: Of the 12 units, 8 are currently owned by the seller and will convey with the property, offering immediate revenue streams for the new owner.
5. Proximity to Amenities: Residents will appreciate the convenience of being close to shopping centers, dining options, and other essential amenities.
Don't Miss Out:
Seize the chance to own a piece of prime real estate in Fernley, NV. The Freeway Mobile Home Park combines convenience, tranquility, and investment potential into one compelling package. Contact us today to schedule a viewing and secure your investment future.
Each space has separately metered gas/electric. Owner pays water and trash. Property has 7 large septic tanks.
Note: Water rights attached to property are not included in the sale.
No Seller Financing Available
Buyer to check with city for requirements for additional development.
Property Details
- Class
- B
- Year Built
- 1981
- Stories
- 1
- Property Subtype
- Manufactured Housing/Mobile Home
- Lot Size (sq. ft)
- 162,914 SF
- Units
- 12
Highlights
- Easy Access to transportation routes, including I-80
- 12 mobile home spaces, providing ample opportunity for rental income and expansion possibilities.
- 1.5 acres of additional land available for development
- 2 Story Barn on property - could be rented for additional income stream
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