Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.
Browse More Listings in Multifamily For Sale, Las Vegas, NV or Nevada
Trailerdale Mobile Home Park
1615 South Mojave Road, Las Vegas, NV 89104
Last Verified 11/16/2009
Listing ID 14753278
Highlights
MUD-3 overlay allowing for up to 32 units per acre- Great location near downtown & the Las Vegas Strip
- Additional (vacant) 3 acres included
- Has averaged above 90% occupancy for many years
- Park-like setting
- All privately owned trailers
Description
13.78% cash on cash based on actual 2008 reported cash flow of $43,565 and $316,000 down payment. Seller moving out of the country - VERY MOTIVATED FOR A QUICK SALE. The trailer home park uses approx 2.3 acres. The other 3+/- acres is currently unused except for some short term storage. MUD-3 overlay allows for density of up to 32 units per acre. Centrally located. Averaged 7.7% vacancy in 2008 with little turnover, mostly due to the park-like setting which includes many mature trees and swimming pool. Landlord provides water, sewer and trash disposal. Electricity is separately metered and paid by tenants. All spaces are rented month-month. All trailers are owned by tenants.
Information herein deemed reliable but not guaranteed. Buyer is urged to conduct complete due diligence to verify all information affecting subject property.
One parcel north on Mojave from Fremont Street. Approximately 2 miles from downtown Las Vegas and about 3 miles from the Las Vegas Strip. Fremont Street which becomes Boulder Hwy is part of a strong proven growth corridor that is quickly evolving into one of the more popular and promising locations for development. The subject property is approximately 400 feet from Fremont Street.
Actual
2007
$243,004
$78,575
$164,429
$43,565
Map of 1615 South Mojave Road, Las Vegas, NV 89104 (Clark County)
Created 8/16/2006
Additional Information for 1615 S Mojave Road, Las Vegas, NV 89104
- Active For Sale - 1 Listing
- Active For Lease - 0 Listing
- Previously Listed - 0 Historic Listing
- Sales Comparables Available - 0 RecentSales Record
View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.