10325 County Road G44X - Manufactured Housing/Mobile Housing FOR SALE
Muscatine, IA 52761 |
$1,200,000 USD
949-287-5862
10325 County Road G44X
Muscatine, IA 52761
HIGHLIGHTS
- LOT RENT: The current lot rent is $250 per month, well below the market average of $300–$350 for comparable parks in the area.
- This creates an opportunity for new ownership to increase revenue through rent adjustments and pad occupancy.
- UTILITIES: The park operates on private utilities with all utility expenses passed through to tenants.
- OCCUPANCY: Many residents have long-term tenancies, contributing to community stability.
- RV HOOK UPS: Includes 30 RV lots, fully equipped with utility infrastructure.
FOR SALE DETAILS
PRICE
$1,200,000 USD
PRICE/SF
$120 USD /SF
# OF UNITS
76
PRICE/UNIT
$15,789
CAP RATE
8.8%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
LOUISA COURT MOBILE HOME PARK
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
PARKING SPACES
-
LAND DETAILS
LAND ACRES
12 AC
LAND SF
522,720 SF
ZONING
-
APN/PARCEL ID
05-07-205-000
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949-287-5862
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949-287-5862
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