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630 Irish American Dam Rd
Lovelock, NV 89419
River Meadows MHP · Multifamily Property For Sale
·
1,500 SF
INVESTMENT HIGHLIGHTS
- Future investment upside potential
EXECUTIVE SUMMARY
Excellent investment opportunity with potential upside in revenue, 13 of the 35 units are park owned with 3 of those being vacant and renovated currently. Extra acreage can be further developed to increase income. Water rights have been purchased and are available to support the additional lots. Plans shown are based on previous zoning, buyer to verify all information.
PROPERTY FACTS
| Price Per Unit | $35,714 | Building Class | C |
| Sale Type | Investment | Lot Size | 19.52 AC |
| Cap Rate | 8.59% | Building Size | 1,500 SF |
| No. Units | 35 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1951 |
| Zoning | LDS | ||
| Price Per Unit | $35,714 |
| Sale Type | Investment |
| Cap Rate | 8.59% |
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 19.52 AC |
| Building Size | 1,500 SF |
| Average Occupancy | 92% |
| No. Stories | 1 |
| Year Built | 1951 |
| Zoning | LDS |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Property Manager on Site
- Waterfront
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 22 | $365.00 | - |
| 2+2 | 10 | $850.00 | - |
PROPERTY TAXES
| Parcel Number | 007-331-03 | Improvements Assessment | $41,765 |
| Land Assessment | $23,468 | Total Assessment | $65,233 |
PROPERTY TAXES
Parcel Number
007-331-03
Land Assessment
$23,468
Improvements Assessment
$41,765
Total Assessment
$65,233
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