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421 North 200 West For Sale, Tooele UT Real Estate
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421 North 200 West
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22 space Mobile home park! Buy land/income trailer
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Tooele,
UT
84074
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Terrilee Fitz Assoc. Broker
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Mobile:
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801-867-2829
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Office:
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801-572-8818
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Website:
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<a href="http://www.sell4utah.net" target="_blank">
Visit Website
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Priced at $895,000
</b>
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<b>
Bedrooms
</b>
:
</td>
<td nowrap>
30
</td>
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<b>
Bathrooms
</b>
:
</td>
<td nowrap>
19
</td>
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<tr>
<td nowrap align=right>
<b>
Lot Size
</b>
:
</td>
<td nowrap>
1.36 acres
</td>
<td nowrap align=right>
<b>
Property Type
</b>
:
</td>
<td nowrap>
Income
</td>
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Year Built
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:
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1985
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MLS Number
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:
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1047034
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Property Description
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THIS LAND / MOBILE HOME PARK ARE BEING SOLD BY TERRILEE FITZ @ EQUITY REAL ESTATE
<br>
<br>
<br>
*TENANTS UNAWARE OF SALE!
<br>
<br>
Land Purchase Price: $675,000
<br>
15 income Trailers Purchase Price: $295,000 <br>
or Price Reduced to $895,000 if Purchase Both. <br>
<br>
1.36 acre with full trailer improvements!
<br>
Seller financing available ONLY on trailer purchase, not on land! <br>
Seller is willing to seller finance the 15 income trailers, (if land is purchased), at 0% interest, amortized over 30 years for 7 years. (That's only apx $819.44/month for the
<br>
trailers) Trailers are in great condition and already rented out for apx $9,713.00 per month! 2 Lots are rented (Tenants own their own trailers but rent the land) for $270.00 per month (apx $540.00 income per month). <br>
Total income for both lots and trailers $9,713.00/month! <br>
Total income for one year is $116,556 ($9,713 * 12 months) <br>
<br>
No deferred maintenance! Great Condition! Lots of upgrades! 22 Spaces, 16 trailers owned/rented. 16 sheds. 2 Water Shares. 9.52% Cap Rate! Prefer to sell altogether or will sell land or trailers separately. Will look at all offers! Please keep Confidential, tenants unaware of sale!
<br>
<br>
*Drive by first before Submitting offer!
<br>
*Scheduled Gross Income for 2012: $116,556
<br>
*Scheduled NOI for 2012: $80,213 <br>
*9.52% Cap Rate!
<br>
*Will look at all offers! <br>
*No deferred maintenance! <br>
*Lots of upgrades! <br>
*Prefer to sell altogether or will sell land or homes separately. <br>
*Taxes (land, homes): $3,596
<br>
*Insurance on land/homes: $2,621 <br>
<br>
<br>
22 Spaces: <br>
*16 trailers owned/rented. <br>
*2 Lots rented (Tenants own their own trailers but rent the land)
<br>
*1 Lot used as Storage
<br>
*3 Vacant Lots
<br>
<br>
If need assistance with lending info, contact Joe Mardesich (801-822-6301) to prequalify.
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Features List
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• Great Condition!
</td>
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• 2 Water Shares
</td>
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• Lots of upgrades
</td>
<td>
• 9.52% Cap Rate
</td>
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• 22 Spaces
</td>
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<td>
• 16 Trailers own/rent
</td>
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• 16 4X6 Sheds
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• SF on Trailers 0% In
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• 1.36 ac
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Equity Real Estate :
SLC
UT
84047
: 801-867-2829
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