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Eastern Iowa Mobile Home Park Portfolio 4 Multifamily Properties Offered at $3,050,000 in Multiple Locations
INVESTMENT HIGHLIGHTS
- 71 lots are currently occupied
- All parks are self-managed by seller
- Will not be sold individually
EXECUTIVE SUMMARY
Q4 Real Estate is pleased to present the opportunity to acquire 4 Eastern Iowa Mobile Home Parks. These parks, located in Lisbon, Urbana, Quasqueton and Van Horne, consist of 89 mobile home lots, 3 RV lots, and 2 Warehouses. All parks are self-managed by the seller. 71 lots(75.53%) are currently occupied and producing income. The parks are listed as a portfolio and will not be sold individually. Inquire with Listing Broker for terms on the Contract Sale Homes.
PROPERTY FACTS
| Price | $3,050,000 | Number of Properties | 4 |
| Price / SF | $45.19 / SF | Individually For Sale | 0 |
| Cap Rate | 8.17% | Total Building Size | 67,500 SF |
| Sale Type | Investment | Total Land Area | 11.26 AC |
| Status | Active |
| Price | $3,050,000 |
| Price / SF | $45.19 / SF |
| Cap Rate | 8.17% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 67,500 SF |
| Total Land Area | 11.26 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 615 N Washington St, Lisbon, IA 52253 | Multifamily | 12,000 SF | 1970 | - |
|
Quasky Village Mobile Home Park
310 S 3rd St, Quasqueton, IA 52326 |
Multifamily | 30,000 SF | 1977 | - |
| 701 Virden St, Urbana, IA 52345 | Multifamily | 17,500 SF | 1992 | - |
| 204 Cherry St, Van Horne, IA 52346 | Multifamily | 8,000 SF | 1970 | - |
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Eastern Iowa Mobile Home Park Portfolio
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