64270 Vela Court

    Thermal, CA 92274
    • $850,000
    • STATUS: Active
    • ON SITE: 616 days
    • MLS #: 218004610
    UPDATED: 42 min ago
    $850,000
    • 4
      BEDS
    • 3.24
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,152
      SQFT
    • $738
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2004
    County:

    School Ratings & Info

    Description

    Money money money!!! Rake in on this Great opportunity to own your own Residential income property! Without the headaches of repairs. This mobile home park has 14 spaces all newer units . 12 Tenants pay $420 plus a month for space each tenant pays their own utilities all on separate meters in place are in a 10 year lease agreement, 8 years remain on the lease. Rents can be raised. There is also $120,000 worth in Palm Trees!4 septic tanks 2 are 4K gallons and 2 are 3K gallon tanks Water well is 7 years new. There is a meter for each home for water and for power each unit pays their own. Seller lives in the unit and pays; Taxes $165.33 per month (1984 per year) Insurance $110 per month Trash $250 Gas $20 Water well power $80-100 Total expenses =$635.33 per month Income from 12 units = 5040 Income from double wide = 400 (month to month may be raised to minimum $700) Income from sellers unit potential $700 Current income is $5440.00 Potential income $6440.00 Plus

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    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2019-10-16T13:35:27.627. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
    www.bradschmett.net/homes/80564596

    64270 Vela Court Thermal, CA 92274

    • Price: $850,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 218004610
    4
    Beds
    2
    Baths
    0
    ½ Baths
    3.24
    Acres
    1,152
    SQFT
    $738
    $/SQFT
    2004
    Built
    Neighborhood:
    Thermal
    County:
    Riverside
    Area:
    310 - Mecca/North Shore
    Property Description
    Money money money!!! Rake in on this Great opportunity to own your own Residential income property! Without the headaches of repairs. This mobile home park has 14 spaces all newer units . 12 Tenants pay $420 plus a month for space each tenant pays their own utilities all on separate meters in place are in a 10 year lease agreement, 8 years remain on the lease. Rents can be raised. There is also $120,000 worth in Palm Trees!4 septic tanks 2 are 4K gallons and 2 are 3K gallon tanks Water well is 7 years new. There is a meter for each home for water and for power each unit pays their own. Seller lives in the unit and pays; Taxes $165.33 per month (1984 per year) Insurance $110 per month Trash $250 Gas $20 Water well power $80-100 Total expenses =$635.33 per month Income from 12 units = 5040 Income from double wide = 400 (month to month may be raised to minimum $700) Income from sellers unit potential $700 Current income is $5440.00 Potential income $6440.00 Plus
    Exterior Features

    Casita Guesthouse None Levels One Total Carport Spaces 1.00 Total Parking Spaces 1.00 View No

    Interior Features

    Fireplace No

    Property Features

    Land Type Fee Simple Listing Terms CashCash To New LoanConventionalSubmit Pool No Sale Type Standard Senior Community No Sewer Unknown Spa Hot Tub No Tax Mello Roos Unknown Water PrivateWell

    Listing information © 2019 California Desert Association of Realtors.
    Listing provided courtesy of Angela Maciel-Gibbons of Homesmart Professionals.
    ©2019 California Desert Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Brad Schmett Real Estate Group. Based on information from the California Desert Association of Realtors as of 2019-10-16T13:35:27.627. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listing by the office/agent presenting the information.

    Licensed in the State of California, USA
     
    Brad Schmett Real Estate Group
    760-880-5845
    La Quinta and Palm Springs CA,