160 w 800 s

Payson, Utah, USA

$20,000 in monthly rental income!!!! 10 unit Trailer park and 12 unit apartment complex, includes 7 mobile homes (all VIN numbers and records are ready to go to make the transition smooth) with room for 3 more! The listing comes with Tax ID 08:118:0021. Apartment complex is 12 studio apartments that was an old motel conversion. Coin operated laundry room that brings in additional income ($200-$300 per month). Basement office, storage, access to all plumbing from below. Great location! Great rental income! New asphalt throughout the community. Freshly painted motel and trailers to match. A number of units have been remodeled or are in the process of remodel. Over a half acre, right next to Little Caesars, Polar Queen Drive Inn, Payson High School and easy access to the freeway, grocery stores, and parks. DO NOT DISTURB TENANTS. This is a unique property with a solid investment history. Square footage figures are provided as a courtesy estimate only and were obtained from the Utah County Recorder. Buyer is advised to obtain an independent measurement.




NO SELLER FINANCING. Seller is doing a 1031 exchange. DO NOT DISTURB TENANTS. Please contact agent with any questions. Owner has all documentation to transfer the ownership of the trailers as part of the sale. Coin operated machines bring in an additional $200-300 per month in income. Current gross amount doesn't include 2 vacant trailers which bring in $1,400 each. Rental rates could also be adjusted to have higher rents. Central Bank of Payson is familiar with the property and willing to help with the loan.