2450 W Water St | Yuma, AZ 85364
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- LoopNet Team
2450 W Water St
Yuma, AZ 85364
REO/Colorado River Adjacent/MHP/RV-117 Spaces · Multifamily Property For Sale
·
2,741 SF
INVESTMENT HIGHLIGHTS
- Private REO - Master Tenant could not Exercise Option to Purchase!/ Property Has a 30 Year Track Record with many Long Term Visitors
- Potential 11.7 CAP as a Family Park Conversion!
- City Water, Electricity and Septic - Renovated approximately 10 Years ago!
- Colorado River Adjacent - Property Borders the River and California Border
- Current 5.3 Post COVID Cap Rate for 2020! 7.02 CAP Stabilized after COVID - 24 Permanent Tenants - November and December 2020 Impacted by COVID
- Seller May Consider Seller Financing with 40% Down Payment!
PROPERTY FACTS
| No. Units | 117 | Lot Size | 5.19 AC |
| Property Type | Multifamily | Building Size | 2,741 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1980 |
| Building Class | C | ||
| Zoning | 21 | ||
| No. Units | 117 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 5.19 AC |
| Building Size | 2,741 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | 21 |
AMENITIES
SITE AMENITIES
- Clubhouse
- Laundry Facilities
- Property Manager on Site
- Waterfront
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 117 | - | - |
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