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413 S 18th St
Centerville, IA 52544

$899,000 USD

Manufactured Housing Mobile Home Park For Sale  •  1,000 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 1,000 SF
  • Lot Size 4.58 AC
  • Year Built 1973
  • Zoning R3
0 Transit Score
63 Walk Score

Highlights

Rents are currently below market level. Raising all lot rents to $350/month would increase NOI by $6,360 annually.
Rehabbing the one remaining POH ($15k investment) will add $7,800 annually.
Park infill (60% occupied currently)
Incorporating Sunset Estates into the city (versus the current county) would drop the water rate by 50%.
Includes $256,663 of RTO contracts!

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 102
Type: Surface
Included in Rent: Yes
Jon Fisher 217-202-0924 Mr. Landman
Jon Fisher 217-202-0924 Mr. Landman