
Description
Archer Acres manufactured home park is situated on 5 acres south west of Rexburg, close to the Snake River and other fun recreational sites like Kelly Canyon and Heise Hot Springs. There is room to expand. The owner has built up the park to 15 units and is currently working with the County to approve additional 25 RV spaces. This will be a huge boost to the already lucrative bottom line. 10 of the rental units are currently owned by the landlord and many of those have been renovated. This is a prime investment property with good cash flow. Seller has just secured the purchase of additional water rights for the expansion.
-
0BEDS
-
5ACRES
-
0BATHS
-
01/2 BATHS
-
8,864SQFT
-
$299$/SQFT
School Ratings & Info
Description
Archer Acres manufactured home park is situated on 5 acres south west of Rexburg, close to the Snake River and other fun recreational sites like Kelly Canyon and Heise Hot Springs. There is room to expand. The owner has built up the park to 15 units and is currently working with the County to approve additional 25 RV spaces. This will be a huge boost to the already lucrative bottom line. 10 of the rental units are currently owned by the landlord and many of those have been renovated. This is a prime investment property with good cash flow. Seller has just secured the purchase of additional water rights for the expansion.