160 W 800 S - Manufactured Housing/Mobile Housing FOR SALE


Payson, UT 84651
$2,199,999 USD
801-722-5953
160 W 800 S, Payson, UT for Sale
$2,199,999 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/50
null | 8.8% Cap Rate

160 W 800 S
Payson, UT 84651


HIGHLIGHTS

  • 7 trailers included with the purchase. All VIN info included
  • Great rental income
  • room for improved rental income as you improve the property

OVERVIEW

Motel conversion into apartments as well as a trailer park all in one! Nearly $20,000 in monthly rental income!!!! 10 unit Trailer park and 12 unit apartment complex, includes 7 mobile homes (all VIN numbers and records are ready to go to make the transition smooth) with room for 3 more! The listing comes with Tax ID 08-118-0003. Apartment complex is 12 studio apartments that was an old motel conversion. Coin operated laundry room that brings in additional income ($200-$300 per month). Basement office, storage, access to all plumbing from below. Great location! Great rental income! New asphalt throughout the community. Freshly painted motel and trailers to match. A number of units have been remodeled or are in the process of remodel. Over a half acre, right next to Little Caesars, Polar Queen Drive Inn, Payson High School and easy access to the freeway, grocery stores, and parks. DO NOT DISTURB TENANTS. This is a unique property with a solid investment history. Square footage figures are provided as a courtesy estimate only and were obtained from the Utah County Recorder. Buyer is advised to obtain an independent measurement.

FOR SALE DETAILS

PRICE

$2,199,999 USD

PRICE/SF

$216 USD /SF

# OF UNITS

22

PRICE/UNIT

$100,000

CAP RATE

8.8%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,572 SF

ZONING

-

APN/PARCEL ID

08-118-0003,08-118-0021

ASK ABOUT THIS PROPERTY

Kyle KelleyC-21 BushnellMore Info
801-722-5953

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Kyle KelleyC-21 BushnellMore Info
801-722-5953

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.