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.

Address Map
IA
Iowa
Marengo
52301
Bear Creek
Drive
W93° 55' 10.2''
N41° 47' 44.2''
Marengo
OT-W (West of I-380)
MHP
MLS Addon
Sandersfeld Realty Company
Tony Hocamp
$0
$0
$0
$0
$0
Additional Information
7.88
2024-11-11
https://www.propertypanorama.com/instaview/cdr/2407816
Financial
4486.0
Listing Information
hocamptony121
CSAND
Cash
Active
2024-11-14T21:00:26Z
CDR
2024-11-11T13:01:58Z

Bear Creek Drive, Marengo, Iowa 52301 - Commercial Sale For Sale

Bear Creek Drive, Marengo, Iowa 52301

7.88 Acre
$1,250,000
Listing ID #2407816
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2407816
Price : $1,250,000
Year Built : 1988
Lot Area : 7.88 Acre
Status : Active
Property Sub Type : Business
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent