Discover the potential of this well-maintained 18-unit mobile home property, a unique opportunity for
savvy investors or those looking to expand their real estate portfolio. Conveniently located in a desirable area, this
community offers stable rental income and significant growth potential.
Property Highlights:
- 18 Mobile Home Units: Each unit is thoughtfully arranged to maximize privacy and livability.
- Prime Location: Close to local amenities, schools, shopping, and transportation, making it an
attractive option for tenants.
- Income Potential: Reliable rental history with opportunities to increase cash flow.
- Well-Managed: Meticulously maintained grounds with low overhead and excellent tenant retention.
- Expansion Possibilities: potential for separate water meters.
This property is ideal for an investor seeking immediate returns with the added benefit of long-term
value appreciation. Do not miss the chance to own this rare, income-generating community in a growing market.
Johnston, RI, 02919
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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