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PROPERTY DETAILS
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.

Property Type : Commercial Sale
Listing ID : 2407816
Listing Type : For Sale
Price : $1,250,000
Year Built : 1988
Lot Area : 7.88 Acre
Lease Amount Unit : Dollars Per Square Foot
Property Type : Business
Area : OT-W (West of I-380)
Listing Status : Active
Property Sub Type : Business
Property Subtype : Business
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.

Address Map
US
IA
Iowa
Marengo
52301
Bear Creek
Drive
Marengo
OT-W (West of I-380)
MHP
More Information
Sandersfeld Realty Company
Tony Hocamp
$0
$0
$0
Additional Information
7.88
2024-11-11
https://www.propertypanorama.com/instaview/cdr/2407816
Financial
4486.0
Listing Information
hocamptony121
CSAND
Cash
Active
2024-11-14T21:00:26Z
CDR
2024-11-11T13:01:58Z

Bear Creek Drive, Marengo, Iowa 52301

Bear Creek Drive, Marengo, Iowa 52301

  • Lot Area: 7.88 Acre
List Price: $1,250,000.00
Listing ID#2407816
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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