Current Use by Public Records
- Commercial real estate
Property Details for 150 Spg Park Ln
- Lot size
- 4.97 lot acres
- Property type
- Commercial real estate
Description
Exceptional investment opportunity in Magnolia, KY, encompassing nearly five acres (4.97 acres to be exact). This property is currently thriving as an established manufactured home community, boasting strong occupancy rates and consistent rental income from existing tenants. The location offers significant potential for continued growth and profitability within a stable market. The property's size presents various development possibilities, allowing for expansion of the existing community or exploration of alternative commercial uses, subject to local zoning regulations. This turnkey operation provides immediate cash flow, making it an attractive proposition for investors seeking a proven income stream. The current setup minimizes immediate management demands, allowing for passive income generation. Detailed financial records are available upon request, providing a transparent view of the property's performance and financial health. This is a rare chance to acquire a well-established, income-producing commercial property in a desirable Kentucky location. Serious inquiries only. Contact us to schedule a viewing and explore this lucrative investment opportunity further. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Magnolia
- County
- LaRue
- State
- Kentucky
- Longitude
- -85.7546
- Latitude
- 37.441
