CAP-RATE=12.8% (11U MOBILE HOME PARK IN LAS VEGAS) proforma-NOI=$32K/year // Lot Size =0.32 ACRE (ASKING PRICE FOR ONLY=$250,000) (CALL VEGAS #1 RAMON WU NOW) 702-334-7767

Description

This 11 Unit Mobile Home Park was built in 1954 and is comprised of 12-sites sitting on 0.32 acres. The community has street frontage on the east side of Pecos Road just north of Cheyenne Avenue, and is located directly across the street from the Cheyenne Sports Complex. Acquisition of the site includes 11 mobile homes on the property currently owned by the seller.

This Mobile Home Park is located in North Las Vegas, on Pecos Road, which is a major north and south arterial throughout the Las Vegas valley. This location provides easy access to the I-15 freeway and many major employment sources nearby, such as Nellis Airforce Base and the City of North Las Vegas. This property is also walking distance to the College of Southern Nevada and the Broad Acres Open Air Swap Meet.