One of my partners has finally agreed to sell off his end of park.
Seller finance available with $290k down
Great Cash Flow High Income (Newton IA)
This is a great opportunity to get started in the mobile home park business!
Edgetown MHP is an easy-to-operate property with low turnover and almost zero delinquent rents.
The property includes a 21 site mobile home park and one site-built single-family rental home. (& 7 lots with hookup)
90% of the Homesites are Occupied.
No park-owned homes.
Edgetown MHP is located in Newton, IA county of Jasper County.
Since 2004, more than $100 million has been invested in urban renewal projects, commercial development, and the new NASCAR Iowa Speedway all of which translate to community growth and vitality.
The population of Newton is approximately 15,000
Newton is located on I-80, 30 minutes east of Des Moines, IA which has a population of approximately 203,000
Major employers are Newton Community Schools, Skiff Medical Center, and TPI Iowa, a wind turbine blade manufacturer.