Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 883989
- Posted On: Dec 4, 2017
- Updated On: Nov 19, 2018
Description
Great investment opportunity!
This 38-space Park is situated on 3.52 acres right in the heart of Conrad, Iowa. Located halfway between Marshalltown and Grundy Center.
This property is roughly 3.5 city blocks and has city streets, city water, and city sewer.
There are NO snow removal expenses or street repair costs, due to the streets being owned by the city
.
This property is very desirable, as it has more of a neighborhood feel with large shade trees.
The Park is located next to the Nature Trail and near the Golf Course and Aquatic Center.
Many local amenities: Doctor, Grocery, Library, Auto Repair, etc.
The current owner has cleaned up the park tremendously by doing many recent renovations.
The park is small enough to be affordable, yet big enough to expand.
The sale does include some park owned homes that are currently being sold for additional income.
Current income is $5,000+ and there is HUGE upside potential as currently ½ of the lots are available for immediate occupancy.
The current on-site manager/handyman is willing to stay and continue the job responsibilities.
Go to www.facebook.com/WolfCreekVillage for pictures and a description of the area.
Contact Hazel at WolfCreekVillage@aol.com for more details.
Location
Conrad, Iowa
Park Information
Community Type: | All Age |
Number of MH Lots: | 38 |
Total Occupancy: | 42.0 % |
Year Built: | 1969 |
Average MH Lot Rent: | $325 |
Size: | 4 acre(s) |