900 E Green St | Centerville, IA 52544
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- LoopNet Team
900 E Green St
Centerville, IA 52544
Sunset Estates · Multifamily Property For Sale
·
30,000 SF
INVESTMENT HIGHLIGHTS
- Rents are currently below market level. Raising all lot rents to $350/month would increase NOI by $6,360 annually.
- Park infill (60% occupied currently)
- Includes $256,663 of RTO contracts!
- Rehabbing the one remaining POH ($15k investment) will add $7,800 annually.
- Incorporating Sunset Estates into the city (versus the current county) would drop the water rate by 50%.
PROPERTY FACTS
| No. Units | 51 | Building Size | 30,000 SF |
| Property Type | Multifamily | Average Occupancy | 60% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Single-Family Home | Year Built | 1973 |
| Building Class | C | Parking Ratio | 3.4/1,000 SF |
| Lot Size | 2.93 AC | ||
| Zoning | R3 | ||
| No. Units | 51 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 2.93 AC |
| Building Size | 30,000 SF |
| Average Occupancy | 60% |
| No. Stories | 1 |
| Year Built | 1973 |
| Parking Ratio | 3.4/1,000 SF |
| Zoning | R3 |
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