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29879323
29879324

2000 State Rte 359, Hawthorne, NV 89415

Coldwell Banker Select Real Estate Minden
Listed by Coldwell Banker Select Real Estate Minden
$595,000
102 days on market
Updated 102 days ago

Hawthorne Heights Mobile / RV park

Details
Property Type Land, Mobile Home Park
Sub Type Commercial, RV (+1)
Pads 14
Cap Rate 6.39%
NOI $38,000
Occupancy 90%
Rent Bumps Yes
Broker Co-Op Yes
Year Built 1950
Year Renovated 4
Buildings 3
Acreage 42.680
Zoning M3
Parking Spaces 24 spaces
Investment Type Redevelopment
Ownership COE
Sale Condition 1031 exchange

Incredible Investment Opportunity! Own a piece of Nevada paradise with this 42.68-acre Mobile/RV

Marketing description

Incredible Investment Opportunity! Own a piece of Nevada paradise with this 42.68-acre Mobile/RV Park, ideally positioned with stunning views of the surrounding mountains and picturesque Walker Lake. The property features 24 spaces with plenty of room for expansion, making it a prime candidate for growth and increased revenue. Also included is a fully updated 3-bedroom, 2-bath mobile home, perfect for additional rental income or on-site management. Nestled in the hills, this unique property offers both tranquility and income potential-an excellent addition to any investor's portfolio! The property features a designated area for vehicle, RV, and boat storage, tapping into another source of consistent revenue. With its views and multiple income avenues, this is a rare chance to own a versatile property with endless potential! Cash Only Sale

Listing Contacts

Coldwell Banker Select Real Estate Minden
Listed by Coldwell Banker Select Real Estate Minden

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$38,000.00
$3,166.67/mo

Valuation Metrics

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DSCR
6.39%
Cap Rate
6.39%
ROI

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