Grand Mound MH & RV Park 25-pad mobile home and RV park generating $233,775 NOI at a 10.63% cap rate, with a projected pre-tax cash flow of $103,161 at current rents. The mix includes 10 dry pads with electrical hookups, six park-owned homes, and one stick-built home. The… Read More property operates on well water with newly installed equipment and four septic tanks, with an onsite building featuring two bathrooms, laundry, and owner's office. Additional upside through rent increases and 10 large storage units. Read Less
Listing courtesy of COMPASS
Listing Snapshot
Cumulative Days On Market
2
Days on Website
2
Last Updated
Property Type
Multi Family
Square Ft.
89,289
Lot Size
2.05 Acres
Year Built
1940
Property Tax
$5,415
MLS Number
2522085
30 Days Snapshot Of 98531
$443k
+10%
(avg) sold price
23
+4%
homes sold
87
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 89289, Building Area Units: Square Feet, Calculated Square Footage: 89289, Elevation Units: Feet, Leasable Area: 0, Living Area: 0, Number Of Units Total: 25, Stories Total: 1, Structure Type: "Multi Family", Units In Building Total: 25, Year Built: 1940, Year Built Effective: 1940
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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