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INVESTORS! 13.4 acres total. Includes parcel 4 Cotton Center Rd (10 acres). On both parcels there is 1 house, 2 duplexes, 4 mobile homes, 1 unfinished mobile home, 6 RV spots. There is a 500 foot well with a 250 foot water table pumping 35 GPM. Septics with all new piping. New well pump ($6,000) less than 3 months old. RV spots are finished except wiring for pedestals ( pedestals included) It is currently bringing in $7,965 which is a 8.6 CAP RATE. With the RV spots rented out at $400; brings the potential gross income to $124,380. Bringing it to an 11 CAP. The house is presently renting at $1,000 which can easily be raised to 1,400. There is a full basement which could be made into 2 separate living areas, renting each for 1,200+.PROPERTY FEATURES
Water Source :
Domestic Well
Sewer Source :
Septic Tank
Electric :
APS
Community Features :
No Pool
Parking Features:
Free, RV/Boat Parking, Add'l Parking Avail
Cooling:
See Remarks
Heating :
See Remarks
Construction Materials:
Siding, Block
PROPERTY DETAILS
Street Address: 53450 S 297th Avenue
City: Gila Bend
State: Arizona
Postal Code: 85337
County: Maricopa
MLS Number: 6604696
Year Built: 1978
Courtesy of Libertas Real Estate
City: Gila Bend
State: Arizona
Postal Code: 85337
County: Maricopa
MLS Number: 6604696
Year Built: 1978
Courtesy of Libertas Real Estate
Courtesy of Western Land Company, L.L.C.