Goff Mobile Home Park
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337 E. Martin Luther King Avenue - Lebanon
Agent
Charles E. Lancaster, Jr.
charles@thelancasteragency.com
Home: 270-692-6893
Cell: 270-692-7270
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Address
337 E. Martin Luther King Avenue
#Bedrooms
Various
#
Baths
Various
Basement
N/A
Garage
N/A
Land
2.5 Acres +/-
Sq. Feet
Various
School District
Glasscock Elementary / Lebanon Middle
Price
$499,000
Items Included
2.5 Acres, 24 Mobile Homes, Apartment House, All Appliances, Air Conditioning Units & Dixie Chopper Mower
Rental Income: Unit 1 - $400/Unit 2 - $400/Unit 3 - $325/Unit 4 - $325/Unit 5 - $300/Unit 6 - $325/Unit 6A - $425/Unit 7 - $325/Unit 8 - $495/Unit 9 - $475/Unit 10 - $450/Unit 11 - $275/Unit 12 -$450/Unit 13 - $400/Unit 14 - $400/Unit 15 - $475/ Unit 16 - $475/Unit 17 - $475/Unit 18 - $475/Unit 19 - $475/Unit 20 - $475/Unit 21 - $450/Unit 22 - $425/Unit 23 - $325/ Unit 24 - $350/Unit 25 - $360
Description
The Goff Mobile Home Park has been serving the Lebanon, Kentucky area with affordable housing since 1983. This business has been nurtured carefully by the Goff family for 28 years and always receives good inspection reports from the Marion County Health Department. This property is conveniently located on 2.5 acres at the corner of E. Martin Luther King Avenue & N. Woodlawn Avenue in the city limits of Lebanon, Kentucky (with access from both streets). It is an outstanding business venture that has never before been offered on the market. . . And now you have the very rare opportunity to actually own this great money making business! The property features a total of 26 rental units (24 mobile homes & a house with 2 rental units). . . With all units rented it grosses $10,530 per month! In today's uncertain economy and stock market volatility, it offers a great way to make sure your money works for you with an outstanding return on your investment! Documentation is available upon request. Call CHARLES LANCASTER, JR. for more details on this excellent investment opportunity.
