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    1087 Hill St Radcliff, KY 40160

    For Sale
    $385,000

    Eleven-lot park, high ROI potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents an eleven-lot mobile home park situated on a convenient city street in Radcliff, Kentucky. The property encompasses 1.02 acres of land, eliminating the costs associated with street maintenance and snow plowing, a significant advantage for investors. The mobile homes themselves are not included in the sale, offering a blank canvas for future development or immediate income generation through tenant placement. A key feature of this property is the direct billing system for utilities: tenants are responsible for their own water, sewer, and electric expenses, minimizing operational overhead for the owner. Furthermore, the absence of common areas significantly reduces maintenance responsibilities and associated costs. This turnkey investment presents a streamlined approach to passive income generation, with the potential for substantial returns. The asking price for this lucrative property is $385,000. This represents a rare opportunity to acquire a well-positioned mobile home park with minimal operational demands and significant upside potential. The property's location on a city street ensures easy access and visibility, attracting potential tenants. This is an ideal investment for those seeking a low-maintenance, high-yield asset in a growing Kentucky market. Serious inquiries only.

    Property Features for 1087 Hill St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    44,431 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Radcliff
    County
    Hardin
    State
    Kentucky
    Longitude
    -85.95186
    Latitude
    37.85107

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    FAQs

    What type of property is this?
    Commercial real estate - Eleven-lot park, high ROI potential.
    Where is this commercial real estate located?
    The property is located at 1087 Hill St Radcliff, KY.
    What is the asking price?
    The asking price for this property is $385,000.
    (859) 273-5339
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    1087 Hill St Radcliff, KY 40160
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1087 Hill St Radcliff, KY 40160
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