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Jorel Kilcullen

jorelkilcullen@gmail.com +1(815) 790-4276

$230,000

Est. payment - /mo

3 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID QC4264204

Annual Tax Amount $478

Tax Year 2023

Lot Size 3.000 Acres

Lot Dimensions 490 x 492 x 327 x 227

Property Sub-Type Land

Property Description

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.

Location

State IA

County Clinton

Area Charlotte

Zoning Comme

Interior

Heating Propane

Fireplace N

Exterior

Utilities Available Other

Building

Dwelling Type Land

Schools

School District 1 , 1, 1

Others

Ownership Fee Simple

Special Listing Condition None

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Listed by Dennis Lauver of Coldwell Banker Howes & Jefferies REALTORS

Nearby School & Business

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Jorel Kilcullen

+1(815) 790-4276

Broker | License ID: 478.026444

Broker License ID: 478.026444

131 BROADWAY ST Charlotte, IA 52731

Jorel Kilcullen

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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