3427 E State Hwy 20

    Nice, CA 95464
    • $1,200,000
    • STATUS: Active
    • ON SITE: 280 days
    • ID#: LC18052152
    UPDATED: 28 min ago
    $1,200,000
    • 0
      BEDS
    • 2.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 600
      SQFT
    • $2,000
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Lakefront mobile home park with private pier and boat ramp. The park offers 42 mobile spaces and 1 cottage, all serviced by district water and sewer. In addition to lakefront spaces, the park offers boat and RV storage, private picnic area, laundry facility in center of park, all with approximately 140+/- feet of lakefront.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T10:28:21.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/81369272

    3427 E State Hwy 20 Nice, CA 95464

    • Price: $1,200,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: LC18052152
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.2
    Acres
    600
    SQFT
    $2,000
    $/SQFT
    Neighborhood:
    LCNIC - Nice
    County:
    Lake
    Area:
    LCNIC - Nice
    Property Description
    Lakefront mobile home park with private pier and boat ramp. The park offers 42 mobile spaces and 1 cottage, all serviced by district water and sewer. In addition to lakefront spaces, the park offers boat and RV storage, private picnic area, laundry facility in center of park, all with approximately 140+/- feet of lakefront.
    Exterior Features

    Fence YN Yes Fencing Partial Lot Features 16-20 Units/AcreGentle Slope Lot Size Source Assessor Lot Size Units Acres Roof Composition Topography Slightly Sloping

    Interior Features

    Condo Area Units Square Feet Laundry Features Community

    Property Features

    Accounting Type Proforma Additional Parcels Description 032-116-04032-116-05032-116-06032-251-20032-251-03032-251-04032-252-08032-252-07032-253-01032-253-02032-253-03 Additional Parcels YN Yes Asset Class Mobile Home Park Building Area Units Square Feet Building Status Existing Business Type Mobile/Trailer Park Cap Rate 5.70 Country Us Effective Gross 194970 Electric Electricity - On Property Electric Expense 15000.00 Gross Scheduled Income 201000.00 Insurance Expense 4600.00 Investment Property YN Yes Land Use Mobile Home Park Laundry Equipment Own Lease Own Laundry YN Yes Leasable Area Units Square Feet Lease Considered YN No Legal Accounting Expense 2750.00 Lot Dimensions Source Public Records Maintenance Expense 19000.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 67920.00 Number Of Units Leased 43 Occupancy Occupied Operating Expense 127050.00 Other Expense 4700.00 Park Name Len-Lee Mobile Home Park Professional Management Expense 12000.00 Property Sub Type Mobile Home Park Real Estate Tax Expense 16000.00 Special Listing Conditions Standard Trash Expense 6000.00 Utilities Electricity ConnectedPhone ConnectedSewer Connected Vacancy Allowance 6030 Vacancy Allowance Rate 3.00 Water Sewer Expense 47000.00 Water Source Public Zoning C-2

    Listing provided courtesy of John Lazaro of Coldwell Banker Mendo Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-13T10:28:21.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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