503 N Third Street

Property details

Price

$79,000

Square feet

0

Type

Commercial

Status

Active

Days on market

38

County

Boone

MLS number

1359142

About this property

Rare investment opportunity with tremendous rental potential! This established mobile home park features six existing single-wide mobile homes and is situated within an existing residential neighborhood. While the current homes are not livable and will require removal or rehabilitation, the parcel is zoned Commercial and has been grandfathered for continued use as a mobile home park—a rare opportunity to find. Public water, sewer and electricity are available on site. The previous water meter has been removed, but the property may potentially be served by one replacement meter or individual meters for each mobile home space. With much of the essential infrastructure already accessible, this property offers an excellent foundation for redevelopment into an income-producing rental community.

Location

Features

Lot features

City lot, Interior lot, Neighborhood