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Bear Creek Drive

Marengo, IA 52301
  • $1,250,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 2407816
UPDATED: 58 min ago
$1,250,000
  • 0
    BEDS
  • 7.88
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1988
County:

School Ratings & Info

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.

Monthly Payment Calculator

© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Market Real Estate Group. Data last updated: 2024-12-08T15:42:53.573.
www.buyandselliowa.com/homes/157751693
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Bear Creek Drive Marengo, IA 52301

  • Price: $1,250,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 58 min ago
  • MLS #: 2407816
0
Beds
0
Baths
0
½ Baths
7.88
Acres
1988
Built
Neighborhood:
OT-W (West Of I-380)
County:
Iowa
Area:
OT-W (West Of I-380)
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.
Interior Features

Basement YN No

Property Features

Lease Considered YN No Listing Terms Cash Property Sub Type Business Property Sub Type Additional Business Investment Tax Annual Amount 4486 Zoning MHP Zoning Description MHP

Listing information © 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Tony Hocamp of Sandersfeld Realty Company: 319-642-7077.
© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Market Real Estate Group. Data last updated: 2024-12-08T15:42:53.573.
 
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Market Real Estate Group
4403 1st Av Se, #503
Cedar Rapids IA, 52402