131 BROADWAY Street, Charlotte, IA 52731

The buyer has two paths to make a solid ROI at this property:  - A mobile home park (with 7 rentals) are included.  More room is available to grow the park.  Annual water, sewer, trash and recycling expenses are $6,000.  Title tags on trailers are $350.  It's been over 2 years since a rent increase so the opportunity exists to increase revenue!  Lot 1: $300 monthly lot rent.  Lot 2: $600 monthly lot rent. Lot 3 & 4: $650-700 monthly rent.  Lot 5 is empty but could charge $250 to $300 for monthly rent.  Lot 6: $550 monthly lot rent. Lot 7: $600 monthly lot rent and Lot 8: $650 monthly lot rent.  The unit closest to Broadway is owned by the people living in it. The rest are part of this property and included in this sale.  - Convert the approximately 3 acre site to a residential development and build housing to take advantage of the strong market demand for housing in a rural setting like Charlotte.  The natural and wooded view from the site will be very attractive to people wanting to build a home.