Separately Metered RV
For Sale
Contact for pricing
Pending
404 Wadena Road, Fayette, IA 52142
Twenty-space RV park with 13 currently occupied and each space separately metered.
Property SizeContact for details
Days on Market49
Property Features for 404 Wadena Road
General Information
Standard status
Pending
Property subtype
Mobile Home Park
Occupancy
65%
Additional Details
Cap Rate
11.8%
Listing Agency:
NAI Iowa Realty Commercial - Cedar Rapids
Listed By:
Kirk Hiland · License #B11254001
Source:
Crexi
Added: Jul 21
Changed: Aug 28
Last Checked: Sep 7 at 12:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Iowa Realty Commercial - Cedar Rapids
Investment Insights
Based on property information with market context.
This 20-unit RV park is offered for sale with 13 spaces currently occupied. The park is separately metered, and there are no homes owned by the park.
According to the provided information, rent is $160 per month per space. The stated NOI for 2017 is $21,710, reflecting an 11.8% cap rate as reported in the remarks.
The property provides a straightforward park layout with individual space metering, supporting independent utility responsibility for each rented space.
According to the provided information, rent is $160 per month per space. The stated NOI for 2017 is $21,710, reflecting an 11.8% cap rate as reported in the remarks.
The property provides a straightforward park layout with individual space metering, supporting independent utility responsibility for each rented space.
Key Highlights
- 20‑space RV park with 13 spaces currently occupied
- Each RV space is separately metered
- No park‑owned homes on the property
Property Analytics
Property Profile
Current Use
Lease Details
65%
Occupancy
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 52142, IA
1,797
Population
813
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
94%
High-School Grad
75.3 sq mi
ZIP Area
24
Density / Sq Mi
$48,718
Median Household Income
$26,319
Median Earnings
$869
Median Rent
$183,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Twenty-space RV park with 13 currently occupied and each space separately metered.
Where is this mobile home & rv park located?
The property is located at 404 Wadena Road Fayette, IA.
What are key features of this property?
This property features: 20‑space RV park with 13 spaces currently occupied; Each RV space is separately metered; No park‑owned homes on the property
