Great 5 acre MHP in Galva, IL. 20 miles from Davenport, IA and 60 miles from Bloomington.
21 total lots
9 POH - $325-40
5 TOH - $200 lot rent
7 Abandoned POH - Each will need 3-4K to bring up to speed.
1 SFR - House is worth $100,000. 1300 square foot home with a storage barn. Owner lives in the home. Market rents show this can be rented for $700-850
Current Gross: $33,600
By renting the SFR you would raise the NOI to $28,488
Bumping lot rents could get you to a $32,000 annual NOI
No seller financing. Cash or 1031 exchange.
Water and Sewer serviced by: Municipality (City/County)
Tenant pays W/S/E
921 SE 2nd St
Galva, IL 61434
Please call Dominic at 330.789.2556