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Mobile home park investment

$ 165,000
933 S. Main St., ,
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1654

5 owned mobile homes:

  • 1987 Sabre with 906sq.ft. on Lot #7
  • 2010 Triumph (14X70) mobile home on lot #8
  • 2010 Triumph 980sq.ft. on Lot #16
  • 2010 Triumph (14X70) mobile home on Lot #21
  • 1981 Victoria (14X70) mobile home on Lot #10

A total of 24 mobile home hookups in the part with 8 spots being rented at present with $1,900 monthly income.

Lot size:  3.93 acres (PIN:  12-19-400-015)

Real Estate Taxes:  $430.92 for mobile homes + $2,036.62 for real estate = $2,467.54/yr.

Other Expenses:  $560/yr for Ameren light poles

Currently the yearly net income is approx. $19,773.  At the asking price this is a 12% return

Documents
Address: 933 S. Main St.
City:
State/County:
Zip: 62824
Country: United States
Open In Google Maps
Property Id : 18330
Price: $ 165,000
Lot Size: 3.93 acres
Real Estate Taxes: $2,066

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