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Business For Sale

Rental Housing Company

Not Disclosed, IA, USA

Services: Real Estate

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1958
1
540221348

Business for Sale Overview:

This company has been in business as a manufactured housing community for 50 plus years in a stable and growing area. Started as a 25 lot mobile home park, the business grew to house a total of 70 full hook-up locations. Since the property is located just outside of the city limits, it utilizes its own drinking water and wastewater services. Since 2003 the business has charged a small fee to rental spaces for the use of drinking water usage and included in rent is sewage and trash removal. Other utilities are supplied to each lot by other companies. In 2005 the wastewater treatment system was improved and cleared of any further monitoring sampling and routine inspections. This decreased monthly and any future expenses, but in doing such, the construction needed the space of 7 lots limiting to a 62 full hook-up locations. The sale of this business includes 5.9 acres of land, 62 full hook-up sites, 7 rental properties, laundry/storm shelter building, shop/storage building, house/office building, and 2 water well/storage buildings, and equipment.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Owner intends to pursue other opportunities.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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