Courtesy of: Kari Bock, Bock & Co LLC, karibockrealtor@gmail.com
Courtesy of: Kari Bock, Bock & Co LLC, karibockrealtor@gmail.com
$949,000
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Lot: 10.00 Acres
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Other
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$949,000
385 Camino Real INSTANT Income Producing, Investment, "Mom & Pop" Community, 8% Cap Rate, long history of little to no vacancy & plenty of room to expand (more income!) 10 Acres, groomed, usable, perimeter fenced, unrestricted.Wet weather creek meanders the property to a pond that can be lined to hold water. 5 updated, meticulously maintained manufactured homes each with fenced yard, views from deck & covered parking. Each tenant maintains own yard, pays own electric & holds renter's ins. The deep Trinity well has newly replaced lines, parts, pumps & 2500 gal storage tank which adequately services all homes and plenty of capacity for more. Don't like that? A public water system ends next door and can be extended to this property for a low cost. Please refer to documents for a list of the year models, and bed/bath setups. DO NOT enter the property without a Realtor. All Realtors to call listing agent for gate code. Continued safety & security is a priority for this tight-knit community. Tenants rights, proof of funds & seller financing available. Owner does walkthru of houses often(per seller) what you see in the pictures is the current state of the interiors (plus personal effects). 1031 Exchange welcomed
Courtesy of: Kari Bock, Bock & Co LLC, karibockrealtor@gmail.com
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