Multi-Family Space For Lease @ 625 Allen Street

22 space mobile home park. Pre foreclosure sale. 12k per pad. Park has 2 wells that are more than sufficient for 22 homes. City water is available at the front of park. Units are on septic tank. Park has been mismanaged for several years after owner went through bankruptcy. Park last sold in 2014 for $252,600. Currently there are 5 occupied homes. Bank has liens on 12 units. There is no financial history on property. New management company was just hired to clean it up and get leases and collections going. Vacant homes are in various states of disrepair. Approximately 3-5 homes can be repaired with 3-5k. Another 3-5 homes need 5-10k. the average age of the homes is 1995. average mid 90s units. Rough count is 15-17 units onsite with 5-7 vacant pads. Grounds need attention and homes need fixed. Strong local management company in place now. This space offers accomodations for: mobile home park.