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40265 Galindo Ct

indio, CA 92203

$1,325,000

    Interested? Let's Connect

    What's Being Offered A mobile home park with 12 tenant-occupied units Pluss 2 more. Rent guaranteed by the county through 2041 year. A government-backed housing program (likely subsidized housing lease) Owner responsibilities are minimal: o Provide Free water service.o Maintain general cleanliness of the park .o Tenants pay: (Electricity. Gas. Internet ) o Repairs (for pay from tenants' units) 🏠 The 2 Owner-Owned Units. These are different Mobiles Homes: Owner must handle repairs on the water well. Still not responsible for electricity or gas for the other 12 Mobiles Homes. These generate separate rental income (not part of the county master lease) 💰 The Big Selling Point 'Guaranteed income through 2041'This is the headline feature. o 🚩 No Units are vacant? 2. Owner offers financials details. o Actual monthly income o Expenses (water, maintenance, insurance, taxes) o Net operating income (NOI) 3. Utility responsibility.It says owner provides water service, And Maitane's service to the Well.4. Repairs 'not your responsibility on the 12 Mobiles Homes. Who owns each mobile home. Different tenants.Tenants own their homes (common in mobile home parks) That's a big advantage,5. The others 2 units or Mobiles Homes are owned by the sellers. These could: Add income two more Income, per month. 🧠 Bottom Line. This could be: A low-maintenance, stable cash-flow investmentA 'guaranteed' income. A summary of rent roll.As of today, I can tell you about the outcome regarding the parking situation: An APN (Assessor's Parcel Number) has been assigned to each individual parking space.This was done to ensure that every property could be uniquely identified; as humans, we tend to repeat numbers and street names, which creates issues for utility providers such as water and electricity companies. That is precisely what the County did: it subdivided the parcels of land upon which the mobile homes are situated. However, while the individual records for each lot now list the designation 'LEASE LAND,' the general property records still identify Jose and his wife as the legal owners.--------------------------------------Para preguntas y citas llama/texto:Salvador 760.409.3614

    Details

    2.27 Private Acres Lot Size

    investment

    Built in 1986

    MLS/Listing ID 219146255DA

    1 Stories

    14 Units

    Amenities & Features

    Parking - Garage

    Parking - On Street

    Lot - Corner Lot

    Lot - Flag Lot

    Lot - Level

    Lot - Mineral Rights

    Built-in Features

    Heating - Electric

    Heating - Propane

    Concrete Perimeter

    Carpet

    Stone

    Natural Wood

    Cooling - Central Air

    Cooling - Electric

    Cooling - Evaporative Cooling

    Cooling - Gas

    Cooling - Wall/window unit(s)

    Metal

    Composition

    City Lights View

    Desert View

    Hills View

    Parking - Driveway

    Parking - Direct Access

    Parking - Assigned

    Water Heater

    Refrigerator

    Propane Water Heater

    Propane Cooking

    Microwave

    Gas Range

    Gas Oven

    Disposal

    Dishwasher

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

    HOME PRICE
    DOWN PAYMENT
    TERM
    INTEREST

    Interested In 40265 Galindo Ct?