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Browse More Listings in Multifamily For Sale, Montevideo, MN or Minnesota

Multifamily Property For Sale - In Contract

Montevideo Mobilehome Park

7034 47th St SW, Montevideo, MN 56265

Price:
$125,000
No. Spaces:
18
Price/Space:
$6,944.44
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Cap Rate:
15%
Lot Size:
2.59 AC
Find Out More...

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.

Financial Summary

Actual
Net Operating Income
$23,850

Map of 7034 47th St SW, Montevideo, MN 56265 (Chippewa County)

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Presented by

UNITED COUNTRY REAL ESTATE

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Contact Listing Broker

MIKE CASSENS (320) 630-6032

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Created 4/22/2009

Additional Information for 7034 47th Street Sw, Montevideo, MN 56265

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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.

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Multifamily Property For Sale - Montevideo Mobilehome Park

7034 47th St SW, Montevideo, MN, 56265