Countryside Mobile Home Park
Countryside Mobile Home Park
1357 Tulip Ave, Riverside, IA 52327
Offering Price
8.05 %
Cap Rate
Number of Lots
Mobile Home Park with Room for Expansion
  • This mobile home park is located just outside of Riverside, IA. The park sits on 2 acres, but the land for sale includes 5 extra acres, which allows for a new owner to develop at least another 25 lots on the proposed land shown in the overview.
  • The property is currently served by a private well system and 5 individual septic tanks. Current ownership pays for water and does landscaping and snow plowing. Tenants pay all other utilities directly.
Park Owned Home Information
  • Lot 2: (POH) 1990 Redman: 14x66: $700 Per Month Lot 5: (POH) 1995 Fleetwood: 16x76: $700 Per Month Lot 7: (POH) 1998 Century: 16x76: $700 Per Month Lot 10: (POH) 1996 Liberty: 16x76: $700 Per Month
Vacant Home (Lot 11)
  • There is a vacant home in Lot 11. The seller is working with the county to obtain the title. It will be included in the sale along with the other park-owned homes.
Riverside, IA
  • Riverside, IA is located off of US HWY 218 less than 20 minutes from Iowa City. It is home to roughly 1,000 residents and the Riverside Casino and Golf Resort. The town has seen many recent housing developments in recent years. This property offers affordable housing to an area with high job demand and a growing population.
Comparable Lot Rents
  • Below are the current lot rents of area mobile home parks: Breckenridge MHP (Iowa City): $579/month Bon-Aire MHP (Iowa City): $415-$430/month Iowa City Regency MHP (Iowa City): $475/month
Jason Bergan
(563) 880-9679
Noah Casterton
(715) 557-0651
Lic: S70126000 (IA), 40835623 (MN), and 111468-94 (WI)