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1200 S 4th Avenue
$175,000

1200 S 4th Avenue
Jonesboro, Indiana 46938

Closed / MLS #10623946 / Multiple Family / Jonesboro
Listing information updated 9/30/2020 at 6:03pm
Tamarack Mobile Home Park is located in Jonesboro, IN. It is a midsized park that consists of 55 pads and 1 shed. At the present time the park only has 9 paying tenants (16% occupied). The average rental rate for TOH pad rentals is between $200-225 per month. The park is currently operating without a license from the State of Indiana. To get the park back up to standards to satisfy the State and get the license back, the new park owner will need to remove general debris from the park, cut down excess vegetation, and secure vacant/abandoned trailers. There are currently around 25 vacant trailers on the premises. The owner is estimating that approximately 20 of those could be renovated for future rentals. The owner does not have all of the titles for the homes on the property so the new owner would have to track those down going forward. Limited financial information and due diligence items available.
Square Feet:
N/A
Acreage:
10.61
Built:
1970
Parking Spaces:
110
Stories:
1
Current Use:
Residential-Multi-Family
Potential Use:
Residential-Multi-Family, Other
Zoning:
MULTI
Tax Amount:
$6,726
Tax Year:
N/A
Zip Code:
46938
City:
Jonesboro
County:
Other

Listing Office: MR. LANDMAN

Listing Office Phone: 217.202.0924

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/30/2020 at 6:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

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1200 S 4th Avenue, Jonesboro, IN 46938 is a multiple family which sold for $175,000. This multiple family has been listed on @properties IND since January 31st, 2020 and was built in 1970.