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630 Irish American Dam Rd
Lovelock, NV 89419
River Meadows MHP · Multifamily Property For Sale
·
1,500 SF
Investment Highlights
- 92% occupied 35-lot manufactured housing community
- 19.52 acres with expansion potential — water rights already secured
- 13 park-owned lots, including 3 newly renovated homes
- On-site property manager with 24-hour access
Executive Summary
Housing community on 19.52 acres in Lovelock, NV, currently operating at 92% occupancy.13 of the 35 lots are park-owned, including three recently renovated homes ready for immediate lease-up. Property offers water rights already secured to support additional home sites. Site plans reflect prior zoning approvals.
Property Facts Under Contract
| 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 Numbers | Improvements Assessment | $120,449 | |
| Land Assessment | $35,424 | Total Assessment | $155,873 |
Property Taxes
Parcel Numbers
Land Assessment
$35,424
Improvements Assessment
$120,449
Total Assessment
$155,873
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