Agent: Alex Kelly
Agent: Charlie Armstrong, SIOR
Agent: John Corelis
Agent: Thomas P. Dalton
Agent: Shawn Langan
Agent: John G. Ruhl
Agent: Richard Schaefer
Agent: Pete Stopulos
Agent: Richard Weinstein
Agent: Pete Hadjis
Agent: Ethan Simons
Agent: Carrie Lamb
Agent: Chris Beason
Listing ID: QC4264204
Listing Courtesy Of Coldwell Banker Howes & Jefferies REALTORS
Address: 131 BROADWAY Street
City: Charlotte
State: IA
Postal Code: 52731
County: Clinton
Property Remarks
The buyer has two paths to make a solid ROI at this property: - A mobile home park (with 7 rentals) are included. More room is available to grow the park. Annual water, sewer, trash and recycling expenses are $6,000. Title tags on trailers are $350. It's been over 2 years since a rent increase so the opportunity exists to increase revenue! Lot 1: $300 monthly lot rent. Lot 2: $600 monthly lot rent. Lot 3 & 4: $650-700 monthly rent. Lot 5 is empty but could charge $250 to $300 for monthly rent. Lot 6: $550 monthly lot rent. Lot 7: $600 monthly lot rent and Lot 8: $650 monthly lot rent. The unit closest to Broadway is owned by the people living in it. The rest are part of this property and included in this sale. - Convert the approximately 3 acre site to a residential development and build housing to take advantage of the strong market demand for housing in a rural setting like Charlotte. The natural and wooded view from the site will be very attractive to people wanting to build a home.
