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Montevideo Mobilehome Park
7034 47th St SW, Montevideo, MN 56265
Last Verified 9/30/2009
Listing ID 16203140
Description
Very nice income producing property ,includes 18 Lots,and 17 Seller owned homes,Current monthly income $4180,seller says 3 more units could be ready to rent,for $250-$350 each.Total rental income to be approx $5000 mo., Monthly expenses now are $1022 mo.Gross Income & Net Income & Cap Rate In Financial Remarks Are figured approx. off July 2009 Monthly Income Times 12 Months.
Very nice income producing property ,includes 18 Lots,and 17 Seller owned homes,Current monthly income $4180,seller says 3 more units could be ready to rent,for $250-$350 each.Total rental income to be approx $5000 mo., Monthly expenses now are $1022 mo.Gross Income & Net Income & Cap Rate In Financial Remarks Are figured approx. off July 2009 Monthly Income Times 12 Months.
Map of 7034 47th St SW, Montevideo, MN 56265 (Chippewa County)
Created 4/22/2009
Additional Information for 7034 47th Street Sw, Montevideo, MN 56265
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO