Bear Creek Drive, Marengo, IA 52301
MLS Number: 2407816 |
Subtype: Commercial | Area: OT-W (West of I-380)
$
1,250,000
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
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County: Iowa
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Lot Size: 7.88
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Acres: 7.8800
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Year Built: 1988
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Zoning: MHP
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Gross tax: $4,486.00
Building
Total Building SF: 0
Utilities
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