Drastically reduced price! This 60 unit Mobile Home and RV Park recently appraised at $4,200,000. We must close quickly due to bankruptcy filing. Seize this incredible opportunity to own a prime waterfront property on the delta! This unique investment boasts multiple income streams, allowing you to collect rent from a Mobile Home park, RV park. If you have ever dreamed of becoming a restaurateur, now is your chance to turn that vision into reality. Or you can rent the restaurant out for an additional income stream. This versatile property also features a convenience store, a marina, a gas dock, launch facilities, slip rentals, and dry storage - all designed to maximize your potential revenue. Plus, you will receive not just one, but two parcels of land, with the additional parcel being 001-040-02, bringing the total to just over 7 acres of prime real estate.
Take advantage of this reduced price due to the recent vacancy increase. With 20 spaces currently vacant due to the bankruptcy proceedings, there is an upside potential of $16,000 per month on just monthly rental income. This amount can increase exponentially if nightly and weekend rentals are offered. The owners have taken management back over on July 1st and are now filling those vacancies. The return on investment should significantly increase. Don't miss out on this remarkable investment opportunity!