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2601 N 3rd Street

Flagstaff, AZ 86004
  • $350,000
  • STATUS: Closed
  • ON SITE: 129 Days
  • MLS #: 186193
Sold - 10/20/2021
$350,000
SOLD - 10/20/2021
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,438
    SQFT
  • $31
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

Make money while holding land in the heart of Flagstaff! The Views Mobile Home Park in Sunnyside with 0% Vacancy. Gross monthly income of $2425/month. With the current list price and gross income there is an 6.7% return. Zoned High Density Residential, an Owner could decide to no longer be a MHP, with this Zoning build in a prime location in the heart of Flagstaff. The current owner is very 'hands off' passive income owner, outsourcing everything. A new investment owner who may choose to be an active owner could potentially significantly increase the monthly withdrawals. Seller DOES NOT own the mobile homes. All mobile homes are owned by tenants, thus NO maintenance with the mobile homes. Electric is individually metered per unit, and water sub-metered. All utilities are paid by the

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© 2021 Northern Arizona Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Flagstaff Real Estate Professionals. Data last updated: 2021-10-22T14:14:20.503.
www.flagstaffrealestateprofessionals.com/homes/118235005
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2601 N 3rd Street Flagstaff, AZ 86004

  • Price: $435,000
  • Status: Closed
  • Updated: 50 min ago
  • MLS #: 186193
0
Beds
0
Baths
0
½ Baths
N/A
Acres
11,438
SQFT
$31
$/SQFT
1965
Built
Neighborhood:
400 - Sunnyside
County:
Coconino
Area:
400 - Sunnyside
Property Description
Make money while holding land in the heart of Flagstaff! The Views Mobile Home Park in Sunnyside with 0% Vacancy. Gross monthly income of $2425/month. With the current list price and gross income there is an 6.7% return. Zoned High Density Residential, an Owner could decide to no longer be a MHP, with this Zoning build in a prime location in the heart of Flagstaff. The current owner is very 'hands off' passive income owner, outsourcing everything. A new investment owner who may choose to be an active owner could potentially significantly increase the monthly withdrawals. Seller DOES NOT own the mobile homes. All mobile homes are owned by tenants, thus NO maintenance with the mobile homes. Electric is individually metered per unit, and water sub-metered. All utilities are paid by the
Property Features

Down Payment Submit Leases Month To Month Management Asset Manager Net Op Inc $0 - 4999 Potential Terms Cash Property Sub Type Mobile Home Park Tax Year 2021 Taxes 759.31 Utilities City WaterSewer

Listing provided courtesy of Melody D Riccobono of Provident Partners Realty.
Listing information © 2021 Northern Arizona Association of Realtors, Inc.


© 2021 Northern Arizona Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Flagstaff Real Estate Professionals. Data last updated: 2021-10-22T14:14:20.503.
 
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Flagstaff Real Estate Professionals
901 N San Francisco St., Suite 2
Flagstaff AZ, 86001