Commercial Sale For Sale
0 Sqft - Bear Creek, Marengo, Iowa 52301
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Description

Well maintained manufactured home community. 9.5%+ Cap Rate return. 40 lots total with 32 currently occupied. Includes 12 park home rentals that are fully occupied. All utilities including city water and sewer billed directly to resident. Seller will not consider contract sale. Seller will help train new owner if needed.

Property Description

Well maintained manufactured home community. 9.5%+ Cap Rate return. 40 lots total with 32 currently occupied. Includes 12 park home rentals that are fully occupied. All utilities including city water and sewer billed directly to resident. Seller will not consider contract sale. Seller will help train new owner if needed.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
2407816
Price:
$1,250,000
Beds:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
0 Sqft
Construction Year:
1988
Lot Size:
7.88 Acre
Country:
US
State:
IA
County:
Iowa
City:
Marengo
Zipcode:
52301
Status Category:
Active
Address Map
Street:
Bear Creek
Floor Number:
0
Longitude:
W93° 55' 10.2''
Latitude:
N41° 47' 44.2''
More Information
Office Name:
Sandersfeld Realty Company
Agent Name:
Tony Hocamp
Directions:
Marengo
Zoning:
MHP
Lot Dimensions:
7.88
LA1Agent Logon Name:
hocamptony121
LO1Main Office ID:
CSAND
PriceChangeTimestamp:
11-11-2024
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Sandersfeld Realty Company
11/11/2024
Marengo
7.88