Multi-Family Space For Lease @ 6811 Rochelle Ave

River Highlands Mobile Home Park is exclusivity listed for sale by Yellowtail Commercial Realty. This offering includes all of the mobile homes in the park and includes adjacent vacant parcels and two vacant block MF buildings.

Additional Lots and Value Add: There is a vacant lot to its north side which is also zoned R1MH valued at $20,000. The vacant parcel located along Rochelle at .17 acres is also zoned for MF and valued at $20,000. Two parcels sit at 3511 Selkirk and 3517 Selkirk, each with vacant homes that can be renovated for additional rental income (3511 received a new roof in June 2020); with a total (conservative) land value of $40,000.

The park also has vacant lots for additional income currently not utilized by the owner. Lot 3,5,8,13 and 6939 are all empty and can add another level of income.

With current rents under market value, and the ability to build/renovate, add RV income, it is worth your time to consider. Current Income is approx $71,000.

Over half of the tenants could possibly enter into a lease to own renewal with the new buyer.

Folios included in the sale:
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http://search.pascopa.com/parcel.aspx?parcel=1626210020000000140&limit=FromMap This space offers accomodations for: mobile home park.