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Comstock Mobile Home Park 
3990 N. Las Vegas Blvd.
Las Vegas, Nevada 89115
County: Clark
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| Type: | Multifamily
Mobile Home/RV Community |
| No. Spaces: | 92 |
| Lot Size: | 8 SF |
| Occupancy: | 70.00% |
| Price: | $4,500,000 |
| Price/Space: | $48,913 |
| Cap Rate: | 6.21% |
Date Last
Verified: | 12/29/2008 |
| Property ID: | 15766881 |
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Property Description:
Comstock Mobile Home Park is an all family park consisting of 92 total spaces including 47 park owned rentals. 15 of the residences are privately owned paying a monthly lot charge of $325. Monthly rent for remaining park-owned
Homes is $579. There are various value added options including bringing the park occupancy up to market, rehabing some of the units, bringing in addtional homes, and future development opportunities. Contact us for a detailed marketing package to disucss the upside dynamics.
Location Description:
The Property is located in Northeast Las Vegas at the intersection of Las Vegas Boulevard and Alexander Road. This convenient, in-fi ll location is within walking distance to many residential amenities and is approximately 3.0 miles from interstate 15. The immediate area is experiencing signifi cant gentrification as new residential developments proliferate in the area. The Property, due to its exceptional location, is well positioned for affordable workforce housing development.
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