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Ellen Fitzpatrick

515-639-3815
  • MLS® #: 567415
  • 1601 Army Post Rd

  • Des Moines, IA 50315-5470
  • $280,000
  • 1.29 Acres
  • Commercial
  • Office: Iowa Realty, South Office

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.

Essential Information

  • MLS® #567415
  • Price$280,000
  • Bathrooms0.00
  • Acres1.29
  • TypeCommercial
  • StatusActive

Community Information

  • Address1601 Army Post Rd
  • AreaDes Moines S.West
  • CityDes Moines
  • CountyPolk
  • StateIA
  • Zip Code50315-5470

Interior

  • CoolingSee Remarks

Heating

Electric Baseboard, Gas Forced Air

Exterior

  • ConstructionSee Remarks

School Information

  • DistrictDes Moines Independent

Additional Information

  • Days on Market132
  • ZoningC-2

Property Location

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The information being provided by the Des Moines Area Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.