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$280,000

Estimated Payment $/mo

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1601 Army Post Road, Des Moines, IA 50315

MLS# 567415
0 BedBeds 0 Full BathFull Baths 0 Partial BathPartial Baths 0 Half BathHalf Baths 0 BathBaths Total Finished Sq. Ft. Commercial Active favorite_borderSaved favorite_borderSave Listing

Property Description

Don’t let an opportunity on a great investment pass you by. This mobile home park is a real money maker with room to make even more under a new owner. The park features 25 spaces, with 21 rentable units in the park currently. Each trailer is under a 10 year sale contract with the average contract set at $225.00 and the lot rent set at $300.00. With 16 of 21 on purchase contracts the new owner would have the opportunity to capitalize on the current purchase contracts, fill the vacancies, and bring in another 4 units to drive profitability up even higher. All city inspections are current. All tenants pay their own water, electric, and gas. These opportunities don’t come up too often so get ready to capitalize on a great money maker.

Property Features

1601 Army Post Road

Beds

0

Type

Commercial

Year Built

1601 Army Post Road

Baths

0
watch_later

Days on Market

104
1601 Army Post Road

Total Finished Sq. Ft.

1601 Army Post Road

Lot Size

1601 Army Post Road

Acres

1.287
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Saves

0

Contact Agent

Cole Albright an South Office RealEstate Agent

Cole Albright https://iowarealty.com/img/apt/image_cache/AGENT/PICTURE/D60/D6078397-5DB2-4A63-9511-A52606B80ADF_3.jpg?mw=800&mh=500
Des Moines
200 Army Post Rd. #60 Des Moines Des Moines 50315
+1-515-720-4064 colealbright@iowarealty.com sales US
Andrew Long an South Office RealEstate Agent

Andrew Long https://iowarealty.com/img/apt/image_cache/AGENT/PICTURE/77C/77C8EE87-5702-4172-90E6-50FB73CFF7B8_3.jpg?mw=800&mh=500
Des Moines
200 Army Post Rd., Ste. 60 Des Moines Des Moines 50315
+1-515-650-0723 andrewlong@iowarealty.com sales US
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Monthly
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Size & Lotkeyboard_arrow_down

  • Acres1.29
  • Lot Sq.Ft56,074
  • Total Finished SF

Utilitieskeyboard_arrow_down

  • HeatElectric Baseboard,Gas Forced Air
  • Air ConditioningSee Remarks
  • WaterCity
  • SewerCity

Tax & Terms Informationkeyboard_arrow_down

  • Gross Taxes$9,718
  • Net Taxes$9,718
  • Tax Year2018
  • Terms AvailableCash,Conventional

Additional Featureskeyboard_arrow_down

  • Test0
  • Dining
  • Family Room
  • Interior Features
  • DirectionsFrom Fleur, go east on Army Post Road to location. Location on North side of Road.
  • Association Fees
  • Association Services
  • Area Overview
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Listing courtesy of: Iowa Realty South
Information herein deemed reliable but not guaranteed.
School district attendance boundary search and information are provided by a third party and subject to change. Iowa Realty does not guarantee the accuracy or completeness of such information and will not be responsible for any errors, inaccuracies, omissions or deficiencies contained therein. Prior to making a decision based on school boundaries, individuals should contact the applicable school district for attendance availability.

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