Listing Agency: NorthMarq Phoenix

Listed By: Chris Michl · License #AZ SA682050000

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 2:39AM

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Investment Insights

Based on property information with market context.

Hillcrest is a 74-unit mobile home park. The property is located at 1220 E 2nd St in Webster City, Iowa.

Webster City is served by U.S. Route 20, which runs directly through the city, providing a cross-state route alternative to nearby interstates. US 20 is being expanded from two lanes to four lanes, with completion forecast in 2021. Interstate 35 is about a dozen miles east of Webster City.

As presented, the offering is a mobile home park configured for 74 units.

Key Highlights

• 74‑unit mobile home park in Webster City, Iowa
• U.S. Route 20 runs directly through Webster City
• US 20 expansion from two lanes to four lanes forecast to be completed in 2021

Property Analytics

Property Profile

Current Use

Hillcrest Mobile Home ... Campground & RV Park Hillcrest Mobile Home ... Campground & RV Park

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store Plumbing Service Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

74

Residential units

Location Intelligence

Trade Area within ½ mile

262

Businesses Nearby

Explore this area Business Placement

Demographics for 50595, IA

8,887

Population

4,170

Households

2.1

Avg Household Size

42

Median Age

23%

College-Educated

91%

High-School Grad

153.5 sq mi

ZIP Area

58

Density / Sq Mi

$71,182

Median Household Income

$46,587

Median Earnings

$877

Median Rent

$129,100

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mobile home & rv parks located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Hillcrest is a 74-unit mobile home park in Webster City, Iowa.

Where is this mobile home & rv park located?

The property is located at 1220 E 2nd St Webster City, IA.

What are key features of this property?

This property features: 74‑unit mobile home park in Webster City, Iowa; U.S. Route 20 runs directly through Webster City; US 20 expansion from two lanes to four lanes forecast to be completed in 2021