North Valley MHP

Price: $4,300,000
Cap Rate: 7.500

Units: 100

Reno, Nevada

North Valley Mobile Home Park is an all family park located in a highly desirable area of
Reno, Nevada. The park is currently zoned for 100 spaces.
Within a short distance of this property are a new Wal Mart and a proposed Home Depot,
which are both signs of positive job, population, and economic growth. Also across the
street are a new single family home development, condo development, and a brand new
self-storage development. All of these facilities add value to the existing property. The land
value alone is already approaching the value of the current income stream of the mobile
home park.