Property Detail

858 Valencia

Woodlake CA 93286

$1,299,000

Status: Active

Property Details

Description

A commercial multi unit property you don't want to miss out on! Includes a Mobile home park of 14 trailers, a 5 Plex and 1 SFR. This mobile home park has gone through an extensive uplift. Extra piece of land in back of property for potentially add ADU's or more trailers. To verify with the State Department of Housing and Community Development. Current rents at $16,500/mo, with market rent potential over $21,500/mo! Seller willing to seller finance 50% at a 8% interest rate with a balloon pmt in 5 years. Cap rate is 8%.

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