Manufactured Home Community
For Sale
Contact for pricing
5505 6th St SW, Cedar Rapids, IA 52404
Turn-key portfolio includes 96 manufactured home lots across three Iowa communities with city water, city sewer, and on-site managers.
Property SizeContact for details
Days on Market123
Property Features for 5505 6th St SW
General Information
Standard status
Active
Property subtype
Mobile Home Park
Additional Details
Business Included
Yes
Listing Agency:
Mr. Landman
(217) 202-0924
Listed By:
Jon Fisher · License #IN RB18000549
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 5:44AM
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 Mr. Landman
Investment Insights
Based on property information with market context.
Turn-key portfolio of manufactured home communities in Iowa, consisting of three parks with a total of 96 lots: 45 in Cedar Rapids, 33 in Albia, and 17 in Mt. Pleasant. The communities are supported by city water and city sewer, and each park has experienced on-site park managers. Current operations include streamlined, institutional-grade infrastructure intended to support remote management.
Ownership has reinvested cash flows to upgrade infrastructure, including water and sewer capital improvements, and the parks now bill back water to the tenants. Across all three facilities, four new homes have been installed, with room for up to twenty additional homes using an infill strategy.
The current setup is presented as offering opportunities for new ownership, including continued rent adjustments, further infill development, and potential conversion of an existing building into self-storage at Albia and Cedar Rapids, along with potential laundromat use at Cedar Rapids.
Ownership has reinvested cash flows to upgrade infrastructure, including water and sewer capital improvements, and the parks now bill back water to the tenants. Across all three facilities, four new homes have been installed, with room for up to twenty additional homes using an infill strategy.
The current setup is presented as offering opportunities for new ownership, including continued rent adjustments, further infill development, and potential conversion of an existing building into self-storage at Albia and Cedar Rapids, along with potential laundromat use at Cedar Rapids.
Key Highlights
- Turn‑key manufactured home community portfolio in Iowa with 96 lots across Cedar Rapids, Albia, and Mt. Pleasant
- Lot count: 45 lots in Cedar Rapids, 33 lots in Albia, and 17 lots in Mt. Pleasant
- All parks have city water and city sewer, with experienced on‑site park managers
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 52404, IA
43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Turn-key portfolio includes 96 manufactured home lots across three Iowa communities with city water, city sewer, and on-site managers.
Where is this mobile home & rv park located?
The property is located at 5505 6th St SW Cedar Rapids, IA.
What are key features of this property?
This property features: Turn‑key manufactured home community portfolio in Iowa with 96 lots across Cedar Rapids, Albia, and Mt. Pleasant; Lot count: 45 lots in Cedar Rapids, 33 lots in Albia, and 17 lots in Mt. Pleasant; All parks have city water and city sewer, with experienced on‑site park managers
