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Morehead, KY

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$150,000

1045 Christian Street Morehead, KY 40351
980 Sq. Ft
1 Full Bath
Courtesy Of C. Roger Lewis Agency
MLS# 1421570
PROPERTY DESCRIPTION: 
A nine unit mobile home park located within the city limits of Morehead in the North Tolliver area. All of the homes have two bedrooms and one full bath and most of the homes are late 1980 and early 1990 models. The property is within easy walking distance of Morehead State University and is within an easy 5-7 minute drive of I-64 and local employment centers. All of the mobile homes have been improved with central heat and air and eight of the units are currently rented. The property is generating a positive cash flow and the units have a great rental history. Contact the listing agent for more information about rental schedules and property repairs. If you have been looking for a mobile home park that generates a good cash flow, take a good look at this property. Priced reduced to $150,000.
FEATURES:
Age: 21-30 Years Old
Architecture Style: Other
Heating System: Forced Air
Lot Size: 1.29 Acres
Parking Type: Paved or Surfaced
Roof Type: Unknown
Rooms: Full Bath

$79,500

411 Morgan Fork Road Morehead, KY 40351
780 Sq. Ft
1 Full Bath
Courtesy Of C. Roger Lewis Agency
MLS# 1421574
PROPERTY DESCRIPTION: 
A nice mobile home park which has 10 permitted sites, but has 7 mobile homes which are currently rented. The new owner can place three other mobile homes on the site and increase the monthly cash flow by $1200 to $1300 in the first month. Priced reduced to $79,500.
FEATURES:
Architecture Style: Other
Lot Size: 1.17 Acres
Roof Type: Unknown
Rooms: Full Bath

Morehead, KY Real Estate & Homes for Sale - 2 Listings Found

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