JUST THINK…you could be the owner of this Mobile Home Park and add extra money to your income! With 22 units, fully rented with written leases, this opportunity only comes around once in a lifetime. The 4366 sq. ft. shop has 3 overhead doors, 2 wood stoves, ½ bath, 220v electricity, and a separate laundry room. In addition, there is a 766 sq. ft. studio apartment above the shop with 8’-10’ ceilings. $400-$600 per month rental rates give this investment an 18% capitalization rate. Westside of Freedom Drive has city sewer and the parcel on the corner of E. Monroe Avenue and Freedom Drive has a septic system. 2 wells are on the property, 1 next to the shop and the second well (permitted & drilled in 2011) located at 2521 Monroe Ct. Each lot is separately metered for gas and electric. The owner of the property pays for the city bill and electricity for the well. Let Real Estate Work for you! Call Cornerstone Group Realty for ALL the characteristics of this TURNKEY MONEY MAKER!
3.95 Edge Of Town Acreage
4,366 Sq. Ft. Shop
Studio Apt. w/ 8-10 foot ceilings Above Shop