Here’s your chance to own and build new construction in Charlotte, Iowa. Over half an acre (MOL) of buildable lot in the Northeast School District.

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.

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.

Originally Priced Below Appraisal & Assessment – Now Asking $197,000. Drawing from local and surrounding communities, this 2,520 Sf Bar & Grill sits on a gently rolling .48 Acre Lot w/ Shady Green Area overlooking the Building & Outdoor Stage. FF&E (with several omissions) included in the sale; a detailed List is available on request. Other Amenities include a 10 x 12 Storage Shed. Approximately 700 VPD at this location. Friendly Mayor and Flexible Zoning would welcome a C-Store conversion, Café, Residential Family or other creative use!