2650 Carmine Street

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2650 Carmine Street

Carson City, NV 89706
Asking Price
$1.10M
Cap Rate
7%
Asset Type
Mobile-home-park
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is located at 2650 Carmine Street in Carson City.
  • This mobile home park is currently listed for sale at $1,100,000.
  • The asset produces a capitalization rate of seven percent.
  • Carson City offers a stable economic environment for residential real estate.
  • The site is positioned within the 89706 ZIP code of Nevada.

What's Special

Investors seeking to expand their portfolio within the Carson City market will find this mobile home park at 2650 Carmine Street a viable acquisition. Situated in the capital of Nevada, the property benefits from the region's steady economic landscape and its position as a central hub within the northern part of the state. This asset type provides a consistent approach to residential housing provision, catering to a stable tenant base in a growing suburban area of the metro region. The property presents a practical opportunity for those focused on income-generating real estate in a market that maintains demand for affordable housing options. Its location allows for convenient access to regional infrastructure, supporting the ongoing operations of the site. This offering represents a straightforward addition for investors evaluating residential investments based on current performance metrics and regional market stability.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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