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    1357 Tulip Ave Riverside, IA 52327

    For Sale
    $505,000
    Added:
    Dec 11, 2024
    Days on Market:
    360

    Property Features for 1357 Tulip Ave

    General Information

    Property type
    Multifamily properties
    Class
    C

    Building Details

    Units
    13

    HighLights

    • Mobile home park located near Riverside, IA.
    • 7‑acre parcel includes a 2‑acre operating park and 5 acres for expansion (potential for 25+ additional lots).
    • Existing infrastructure includes a private well and 5 septic systems; owner handles water, landscaping, and snow removal; tenants pay other utilities.
    • Four park‑owned homes generate $2800 monthly rental income (Lot 2: 1990 Redman, 14x66, $700/month; Lot 5: 1995 Fleetwood, 16x76, $700/month; Lot 7: 1998 Century, 16x76, $700/month; Lot 10: 1996 Liberty, 16x76, $700/month).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Auto Repair Shop Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Washington
    State
    Iowa
    Longitude
    -91.5756381
    Latitude
    41.45932

    FAQs

    Where is this multifamily property located?
    The property is located at 1357 Tulip Ave Riverside, IA.
    What is the asking price?
    The asking price for this property is $505,000.
    What are key features of this property?
    This property features: Mobile home park located near Riverside, IA.; 7-acre parcel includes a 2-acre operating park and 5 acres for expansion (potential for 25+ additional lots).; Existing infrastructure includes a private well and 5 septic systems; owner handles water, landscaping, and snow removal; tenants pay other utilities.
    Request Owner's contact information
    1357 Tulip Ave Riverside, IA 52327
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    Riverside, IA 52327
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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
    1357 Tulip Ave Riverside, IA 52327
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