Excellent investment opportunity! 11% CAP Rate! GOI= $47,100. 3.2 acre mobile home park with quick access to I-84. 15 total units currently rented, but the property has the potential for 21 spaces. The property includes an older home, a double wide MH, and two single wide MH's. The rest of the units are leased lots and most are rented at $175/month, which is below market! Each tenant pays utilities, as each lot has separate meters. Land is zoned "RML" and has the potential for future development.
Off market
Street View
$431,900
415 1st Ave N, Nampa, ID 83687
15beds
--baths
980sqft
SingleFamily
Built in ----
-- sqft lot
$431,900 Zestimate®
$441/sqft
$1,422 Estimated rent