F & H Trailer Court & Motel

N/AF & H Trailer Court & Motel is an All-Age Community totaling (34) Units, located in Winnemucca, Nevada. The Park and Motel were originally built in 1944 and sit on approximately 5.17 acres (approximately 1.9 acres will be subdivided and retained by current ownership, resulting in approximately 3.27 acres. See Page 19). The Community consists of (23) Sites (16 MH & 7 RV), (10) Motel Suites, and (1) Single-Family Residence that was originally built in 1960. The Community is on All City Services. Electric is Direct Billed to (3) Park tenants and the remainder of the Park is sub-metered and Billed Back for Electric. The Sites offer 30/50 & 100 AMP (Doublewide Units-2) electrical service to Pedestal Units. Water, Sewer, and Trash are included with Rent and paid by Owner. Gas is Propane for (7) Sites along the Frontage Road (Winnemucca Blvd) and Natural Gas is utilized by the remainder of the Community. All Utilities are included with Rent for the Motel Suites. There are (5) Park Owned Homes, including the Owner’s Doublewide (1991, 3 Bed/2 Bath) with an approximately 20’ X 36’ Garage and an additional Owner’s Doublewide Home (3 Bed/1 Bath) utilized by a family member. The remaining (3) Park Owned Homes are operated as Rentals. There are no Homes currently under Contract for Sale. The (10) Unit Motel Complex has a Laundry Facility for general Housekeeping (1 Washer/1 Dryer) and all tenants are long-term, monthly tenants. Two of the Motel Suites are rented annually by the City of Winnemucca for Staff and Visitors. Each Unit offers a Microwave and Mini-Refrigerator. The Single-Family Residence is a 3 Bed/2 Bath Home (approximately 1,750 sq ft) that is rented by Onsite Maintenance. F & H also has a Workshop (approximately 12’ X 30’) that is fully plumbed with 200 AMP Electrical Service. The most recent Rent Raise, for all Park Sites and Motel Units, was implemented January 1, 2025 for ($50). Recent Capital Improvements include the full interior renovation of one of the owner’s Doublewide Homes, a remodeled Bathroom in the Single-Family Residence, and New Flooring throughout Motel Suites (2023 & 2024). Ownership lives Onsite and manages the Asset with the addition of (1) Onsite Maintenance person. Ledgers and Excel Spreadsheets are utilized for Bookkeeping and Owner Management. F & H offers a convenient location along Winnemucca Boulevard (approximately 550’ frontage) close to Shopping, Entertainment, and Amenities. A Must-See Pride of Ownership Investment Opportunity, owned by the same family for over 80 years. SELLER CARRY OPPORTUNITY!! Seller Carry Terms: $390,000 (30%) Down, $910,000 Loan, 6.00% Interest Rate, 30 Year Amortization, $5,456 Monthly Payment, 5 Year Balloon.