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- LoopNet Team
12160 Highway S70
Plano, IA 52581
Restaurant with Camper Sites · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Restaurant
- Air Conditioning
ABOUT 12160 HIGHWAY S70 , PLANO, IA 52581
10 acres m/l with views of Rathbun Lake, property borders the corp. ground on 2 sides. This property has 3 streams of income with great upside that you aren’t paying for. Currently the project is grossing around $60,000 a year from the rent from the restaurant, income from the RV spaces and the income from the nightly rental from the manufacture home. The owners live in another state, so the income doesn’t take very much time. Places to increase income, rent out the 3 large garage spaces for boat storage, there are 2 units crudely finished that owners’ friends stay at above the large garage, would make great nightly rental without much money. The owner indicates that you can install 10 more RV units onto the existing lagoon. These 3 items would really increase the gross and net income.
PROPERTY TAXES
| Parcel Number | 120172002290000 | Improvements Assessment | $502,820 |
| Land Assessment | $124,000 | Total Assessment | $626,820 |
PROPERTY TAXES
