The Central Valley Investment Team is proud to present the Modesto Mobile Home Park located at 2606 Topeka St in Riverbank, California. The Modesto Mobile Home Park is just one of four mobile home parks in the City of Riverbank. The property is situated on nearly an acre of land and located adjacent to the family-friendly Parkridge-Riverheights neighborhood. Within half a mile there are multiple national retailers including Starbucks, Burger King, Cool Hand Luke's Steakhouse and Galaxy Theatres. The property features a 1,497 square foot 3-bedroom house along with 27 mobile home spaces, 18 of which are park-owned homes. The property also features a 600 square foot building which can be utilized as a laundry facility to generate additional income. Investors will find multiple opportunities to add value including rent increases, utility bill backs, implementing laundry services, and potentially a lot line adjustment to sell the house separately.
|--||New Value: $1,800,000|
|12/2/2021 3:01:42 PM||New Value: $1,800,000|
|11/16/2021 3:02:00 PM||New Value: $2,000,000|