Tremendous investment opportunity! This Hannibal mobile home community offers 11 separate income streams including 1 single family modular home (rented for $1400 a month), three “pad rentals” with tenant owned homes ($350/month each) and 7 mobile homes that are owned by the seller (one vacant and 6 with rents ranging from $850-$1300 a month)! In the last 5 years the park has a new septic system, repoured pads and electric updates! Total MONTHLY rent roll is $8700 and operating expenses are LESS THAN $2500 a month…you read it right, this property could net over $6,000 a month to the new owner. The seller is ready to move this and showings inside the units will be permitted AFTER an offer is negotiated. Drive by and take a look then add this profitable property to your portfolio!
