Description
GREAT income potential property. Next to Hubbard Creek Lake. Not utilized to full potential. Room for expansion. 10+RV spots not leased. All units are fully remodeled, new appliances, new flooring, new fresh paint with all units leased. Demand is there to increase rents. Zoned multi family, RV market rental rate is $500 month added income potential is $5000 month. Currently owner pays trash $90mo, water $200month.New owner should consider passing utility expenses onto tenants to increase income. Currently monthly rental collections is $4,100 when 100% leased. Property unrealized income potential from RV park is $5,000.00 monthly. Only one block away from the lake.
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0BEDS
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1ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
GREAT income potential property. Next to Hubbard Creek Lake. Not utilized to full potential. Room for expansion. 10+RV spots not leased. All units are fully remodeled, new appliances, new flooring, new fresh paint with all units leased. Demand is there to increase rents. Zoned multi family, RV market rental rate is $500 month added income potential is $5000 month. Currently owner pays trash $90mo, water $200month.New owner should consider passing utility expenses onto tenants to increase income. Currently monthly rental collections is $4,100 when 100% leased. Property unrealized income potential from RV park is $5,000.00 monthly. Only one block away from the lake.
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