Holly Dr Mobile Home Park - 2840, 2888, 2896 2888 Holly Dr Immeuble residentiel 5 lots 1 103 340 € (220 668 €/Lot) Taux de capitalisation 4,16 % Tracy, CA 95376

KW Commercial is pleased to present the rare opportunity to acquire over an acre of in-fill high density residential land in the City of Tracy, with in-place income that will supplement ownership during entitlements. Currently run as a Mobile Home Park, the property consists of three adjacent parcels that currently hold five occupied mobile home units (one park owned). The parcels can hold up to a maximum of thirteen units, provided that some capital is invested into improvements (infrastructure, pavement, etc.).
An investor may also choose to take advantage of the unique opportunity to re-develop the property into a higher and better use (HDR allows up to 25 units per acre). With the Complex being so close to schools, shopping, transportation, and major employers, we would expect high demand for the units once developed. We have priced the property to move fast and it is being offered in AS-IS condition. Interested parties are encouraged to inquire with the agent for more details. While all information is considered reliable, it is recommended that the buyer verify all details independently to ensure accuracy. Owner would strongly consider owner-financing.
*An additional .20 AC of undeveloped ground at 110 E Kavanaugh can be made available as well at an additional cost*