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Sunrise Mobile Home Park
1920 E. Florida Ave, Hemet, CA 92544
Paved Roads/Nice Landscape in the Heart of Hemet
Last Verified 3/9/2010
Listing ID 15380820
Highlights
Located next to Chase Bank in the Heart of Downtown Hemet- Low-Maintenance, Low-Expense Park
- On-Site Manager; Valley Computer Services @ low cost of $114.00/month
- All Rents = $350/month
- CAP = 7.300%
- Great Income
Description
Reduced price as of 6/01/09; CAP =7.300%; Excellent Location in the Heart of Downtown Hemet. This 45 Unit Park is well maintained with an on-site Manager and billings/accounting done by Valley Computer Service. ALL utilities are on separate meters and paid for by tenant including Electricity, Gas, Water, and even Trash; Low maintenance, Great Rental Income; Management/Owners have increased the overall value of the park by a complete overhaul and makeover since purchased. 100% occupied. Adjacent Lot, which consist of two parcels (1.48 acre parcel and a .74 acre parcel =2.21 acres), is also for Sale at $495K and can be developed into more lots (apprx. 25-30 spaces) OR any other multi-family units.
Reduced price as of 6/01/09; Located in the Heart of Downtown Hemet. All rents $350.00 effective APRIL 1, 2009; CAP =7.300%; (NI =$175K / Sale price =$2,395,000 =CAP 7.300%).
Map of 1920 E. Florida Ave, Hemet, CA 92544 (Riverside County)
Created 10/10/2007
Additional Information for 1920 E Florida Avenue, Hemet, CA 92544
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The information above has
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