Real Estate, Inc. -...

This information has been secured from source we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. CRI Real Estates Property Management is a service mark of Commercial Real Estate Investors, Inc. License# 003346113

CRI Real Estates & Property Management, a Division of, Commercial Real Estate Investors, Inc. 151 California Street, Oakdale, Ca 95361 • Tel: (209) 845-3861 • Fax (209) 322-4414 • Email: marketing@cricommerccial.com

“Serving You 7 Days A Week”

DRE License # 01807613

Property Description

• 12-space HCD Approved

• All City Services • Owner Operator • (2) park owned

Units • Laundry Bldg. • Sub metered gas,

electric • Rents are below

market • Tenant Charge –

backs • 100% Occupied • NO Rent control • Great commercial

location

Real Estate, Inc.

Financial Summary Escalon Mobile Park 1666 McHenry Ave.

Escalon, CA 95320

Asking Price: $619,000

Actual 2017 Income: $70,780

Expenses: New Taxes (estimate) $6,810

Permit-License $450 Insurance $648

Maint.-Landscape $1,200 Utilities, Trash, etc. $14,050

Total $23,158

NOI: $ 47,622

CAP: 7.7%

This MHP has a great rental space income upside, currently rents are low and could be increased to $400 per month, a great commercial location within the City of Escalon. Current rent space is $350, Park owned units at $375 plus tenant charge backs, W/S $31.50, Trash $12.00, Electric-Gas sub metered, tenants charged on usage. Laundry Income, machines are under a 3rd party contract agreement. Mixed single-wide and RV units in the park, 30amp electric pedestal at each site. Currently NO vacant pads, and NO rent control ordinances in place. The park is in compliance with all state and county requirements. Great opportunity for first-time Mobile Home park Investor —Owner Operator Opportunity !!

This information has been secured from source we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. CRI Real Estates Property Management is a service mark of Commercial Real Estate Investors, Inc. License# 003346113

CRI Real Estates & Property Management, a Division of, Commercial Real Estate Investors, Inc. 151 California Street, Oakdale, Ca 95361 • Tel: (209) 845-3861 • Fax (209) 322-4414 • Email: marketing@cricommerccial.com

“Serving You 7 Days A Week”

DRE License # 01807613

Real Estate, Inc.

Escalon Mobile Park 1666 McHenry Ave.

Escalon, CA 95320

APN: 227-080-12