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32.3% YIELD! Des Moines Mobile Home park CITY UTILITIES submetered

14 lot mobile home park

1 acre

205 Mill St SE Mitchellville IA 50169

Call or Text: 949-939-1133

Invest $74,550 as owner financed down payment

Make $1,000,000 Net!

CITY WATER, CITY SEWER Individually metered

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$497,000

Total Monthly income: $3755

14 total lots (10 owner occupied homes/4empty lots)

-8lots are paying $350/month

-1 lot is paying $405/month

-1 lot is paying $550/month

Monthly income: $3755

Annualized Gross Income: $45,060

Expenses:

Insurance - $500

Property Taxes - $2200

Offsite Manager - $4500

Annualized Expenses: $7200

Average monthly expenses would be: $600

Total net = $3755-$600 = $3155(total monthly net)

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Contact Seller
LandsHQ.com

Casper, WY

(949) 379-1566