Heartland Community - for Sale in Vine Grove, Kentucky
5275 U S Highway 60
Vine Grove, KY 40175
View on Map
Email Seller
Seller Information
Julia SmithPrudential Parks & Weisberg Realtors
Mobile Home Park for Sale |
|
| Development Land | This is a land for developing a mobile home park |
| Number of MH Lots: | 11 |
| Size: | 10 acre(s) |
| Purchase Method: | Cash |
| Status: | Active |
| Property ID: | 106399 |
| Posted on: | Oct 05, 2011 |
| Updated on: | Mar 20, 2012 |
| Price: | $199,500 |
Property Description
Excellent investment, 5 minutes from Fort Knox Army Base, 30 minutes from South Louisville
11 Pads, Mobile Home Park, 30 X 50 Metal Storage Building on 10 acres, consisting of 2 tracts of land. County water with seperate meters on each lot. There are 2 switchable septic systems.
Tenants pay all utilities, except trash collection. Vacant land can be developed into additional mobile home lots or single family homes.
Property is zoned R 4. Recent appraisal values land alone $152,000 for development as a subdivision.
UP TO TWO YEAR LEASE, WITH OPTION TO PURCHASE.
One of the sellers is a Kentucky License Real Estate Broker
Location Description
On US Highway 60, Meade County. From Louisville take 31 W to US highway 60. Mobile home park is 5 miles on the left of 60.
Park Information
| Number of MH Lots: | 11 |
| Total Occupancy: | 90.0% |
| Year Built: | 1974 |
| Average MH Lot Rent: | $150 |
| Size: | 10.0 acre(s) |
Financial Information
| Gross Income | $19 |
| Operating Expense | $0 |
| Net Operating Income | $13 |
| Debt Info | No Debt |
Lot Information
| Singlewide Lots: | 11 |
| Doublewide Lots: | 11 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $395 |
Amenities and Other
| Storage: | Yes |