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For Sale
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REO R ambling Hills
Estates
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Newer 5 Star 55+
REO
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♦ $1,750,000 (Cash Offers
Preferred)
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Must Sell
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♦ 51 Existing Spaces + Expansion
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Columbia, CA
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♦ 42 Acres, Large Clubhouse & Pool
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FOR SALE
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♦ Rents $417 to $555 + Pass Thru Utilitties
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MHRV ADVISORS: Very rare to market REO, Newer, 5 STAR, 55+MHC north of north of the Sonora Region East o f
New
Melones
Lake. Due to the REO nature of this offering all initial offers to be on a cash basis. The park is serviced by
sewer and a newer wells and holding tanks for water. The gas system is supplied by centralized propane storage. The
park passes and bills tenants for most utilities.
Rent Control: Since the park was built/converted after 1990 the park may not be subject to rent control.As
an REO property, sale will be AS-IS WHERE-IS WITH ALL FAULTS
| Please do not contact
property manager or tenants, contact MHRV Advisors before any visit. |
THE
PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, EXPENSE, AND ALL OTHER INFORMATION CONTAINED
HEREIN.
The
information contained herein has either been given to us by the owner or the property or obtained from
sources that we deem reliable. We have no reason to doubt its accuracy but we do not guarantee
it. Vacancy factors used herein are an arbitrary percentage used only as an example. It does not
necessarily relate to actual vacancy, if any. The value of this investment is dependent upon these
estimates and assumptions made above, as well as the investment income, the tax bracket and other factors
which your tax advisor and/or legal counsel should evaluate.
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