Located just east of Reno, BlueGem Estates consists of 53 total spaces. The current occupancy at the park is 100%. The all-ages community has $500/month lot rents. The property is operated on municipal water and sewer which is included in the lot rents. The gas & electric is directly-billed to the tenants by the providers.
The buyer has an existing portfolio in the Reno market and paid all cash via new financing for the property. The transaction closed in just over two months
Broker of Record: ParaSell, Inc., Nevada License No.: B.1002366.CORP
