225 N 10th Street
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    Courtesy of ARMLSNWMLS

    OverviewEstate Overview - $283,500

    Listing View11
    Like Count-
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    225 N 10th Street,

    Cottonwood, AZ 86326

    This 8 Unit Mobile Home Park is long established and is a rare investment opportunity offering great current cash flow plus excellent upside potential that requires minimum additional investment capital. Two of the 8 units require renovation and/or replacement.Fully assumable in place financing ($230,000 at 5% P&I with 17 year amortization) is available to qualified buyers.Offered at $299,900 and with a $69,900 down payment this property is estimated to produced up to approx.12.8% cash on cash return on existing income with a going in CAP rate of approx.9.7% with only 6 units in operations. With an additional capital investment estimated at $40,000 for 2 additional used units, the cash on cash increases to approx.18.0% with a projected CAP rate of approx...See More

    • 0 Beds
    • 0 Baths
    • 0 Sqft
    • MultiFamily

    OverviewListing Details

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    Status:Closed
    Original Listing Price: $ 329,900
    Listing Date: 11/20/2013
    Days on dealty:Was on Dealty for 223 days
    County:Yavapai
    MLS Type:ARMLS
    Built In:1970
    Has HOA:Yes
    Status Change Date:July 01, 2014
    Pool:No
    *Please Contact Lister for more information.

    FeaturesProperty Features

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    Design
    • Property subtype: ********
    • Construction materials: See Remarks
    • Roof: Other
    Flooring
    • Other
    Interior Spaces
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    Bedrooms & Bathrooms
    • 0 - Bedrooms
    • 0 - Bathrooms
    Exteriors
    • Exterior features: ,
    Lot Details
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    AmenitiesAmenities

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    Utilities
    • Cooling - Other
    • Heating - Other
    • Water Source : Individual Meter, City Franchise
    • Sewer Information : None, Public Sewer
    Laundry
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    Parking
    • Garage Spaces: 0

    HOAHOA & Financial

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    Primary HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Second HOA
    • Association Name: ********
    • Association Fee: $********
    • Association Fee Frequency: ********
    • Association Phone: ********
    Third HOA
      No

    OverviewOpen House

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    * There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

    Schools & Neighborhood

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    Schools
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    Neighborhood
    • Multi-Unit Lots

    NeighborhoodExplore The Area

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    AgentListing Agent

    Agent
    Carissa Maxwell

    (Glow Realty)

    MLS # 502507

    225 N 10th Street

    Cottonwood, AZ 86326

    $283,500
    Flyer cover
    FOR MORE PHOTOS VISIT
    https://www.dealty.ai/buy/home/225-n-10th-street-cottonwood-az-86326
    Year Built
    1970

    This 8 Unit Mobile Home Park is long established and is a rare investment opportunity offering great current cash flow plus excellent upside potential that requires minimum additional investment capital. Two of the 8 units require renovation and/or replacement. Fully assumable in place financing ($230,000 at 5% P&I with 17 year amortization) is available to qualified buyers. Offered at $299,900 and with a $69,900 down payment this property is estimated to produced up to approx. 12.8% cash on...(Visit the link to Get more info)

    AGENT CONTACT
    Carissa Maxwell
    Glow Realty

    Multiple Listing Service of ARMLS

    All information should be independently verified by the recipient, and no representation is made by ARMLS as to its accuracy.