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81271 Indio Blvd
Indio, CA 92201

Elms Mobile Park · Multifamily Property For Sale · 300 SF

Investment Highlights

  • LONG TERM RESIDENTS
  • EASY TO MANAGE
  • STABLE INCOME WITH UPSIDE

PROPERTY FACTS

No. Units 47
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Low Rise
Building Class C
Lot Size 2.44 AC
Building Size 300 SF
Average Occupancy 98%
No. Stories 1
Year Built 1958
Parking Ratio 0.35/1,000 SF

Site Amenities

  • Fenced Lot
  • Laundry Facilities
  • Storage Space

About 81271 Indio Blvd , Indio, CA 92201

The Elms Mobile Park is an all age park on Indio Blvd in Indio it sits on 2.4 acres. There are no park owned homes (1 one bed stick built house). Steady cash flow from long term residents. Most residents have been in the same space for five plus years some twenty plus years. All the utilities are passed through. Sewer lines were replaced about 14 years ago never an issue. Power comes into three 200 amp main panels, runs overhead to each space and is submetered. Most panels are 30 amp, 5 have been upgraded to 30/50's. Water is provided by the well, in the last 36 months both pumps have been replaced, the well pipe replaced, 3 brand new WellXtroll bladder tanks installed, the 5000-gallon storage tank was drained and cleaned. Some of the feed water lines have been upgraded. That's It-You provide utilities to the spaces and the residents take care of their home and pay rent. It's not pretty but it's worked for 50 years.

zoning

Zoning Code M, Indio
M, Indio
  • Listing ID: 15746822

  • Date on Market: 4/15/2019

  • Last Updated:

  • Address: 81271 Indio Blvd, Indio, CA 92201

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