64270 Vela Court

  • Thermal

  • $850,000
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Residential Income Details

Description
Money money money!!! Rake in on this Great opportunity to own your own Residential income property! Without the headaches of repairs. This mobile home park has 14 spaces all newer units . 12 Tenants pay $420 plus a month for space each tenant pays their own utilities all on separate meters in place are in a 10 year lease agreement, 8 years remain on the lease. Rents can be raised. There is also $120,000 worth in Palm Trees!4 septic tanks 2 are 4K gallons and 2 are 3K gallon tanks Water well is 7 years new. There is a meter for each home for water and for power each unit pays their own. Seller lives in the unit and pays; Taxes $165.33 per month (1984 per year) Insurance $110 per month Trash $250 Gas $20 Water well power $80-100 Total expenses =$635.33 per month Income from 12 units = 5040 Income from double wide = 400 (month to month may be raised to minimum $700) Income from sellers unit potential $700 Current income is $5440.00 Potential income $6440.00 Plus
Essential
MLS #218004610DA
Price$850,000
Number of Units14
Sale TypeStandard
StatusActive
Listing BrokerageHomeSmart Professionals
Listing AgentAngela Maciel-Gibbons
Listing Agent BRE #01735647
Interior
Exterior
Garage Spaces0
Community
Area316 - Thermal
TractThermal (Thermal)
Address64270 Vela Court
CityThermal
CountyRiverside
StateCA
ZipCode92274
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, September 18, 2018. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.