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7368 Berwick Dr Ankeny, IA 50021

99 Units, Des Moines Metro, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
This 99-unit mobile home park, situated on 63.68 acres in Ankeny, Iowa (zip code 50021, Polk County), presents a compelling value-add investment opportunity. Currently operating at 11.1% occupancy, the park boasts a beautiful inventory of existing homes and features five newly installed doublewide homes ready for immediate occupancy. The property benefits from concrete roads and drives, and a planned city sewer connection is underway. All units have access to public water, electric, and gas services. Recent renovations in 2024 have significantly enhanced the property's appeal. The park is zoned R1 and is located in a highly desirable Ankeny suburb, an area known for its high median home prices. With current area lot rents reaching the $700s and $800s, this property offers significant potential for infill development and increased rental income. New entry signage further enhances the community's curb appeal. This is an exceptional chance to acquire a well-positioned mobile home park in a thriving market, poised for substantial growth and return on investment.

Highlights

  • 99-space mobile home park in Ankeny, IA, offering a value-add investment opportunity.
  • Currently 11.1% occupied with 99 pads on a 63.68-acre lot.
  • Recently renovated in 2024, featuring concrete roads and drives, and new entry signage.
  • Utilities include public water, electric, gas, and city sewer connection planned.
  • Zoned R1, located in the desirable Ankeny suburb of the Des Moines metro, with potential for significant rent increases.

Property Details for 7368 Berwick Dr

Property type
Mobile home & RV parks
Year Renovated
2024
Lot Size (sq. ft)
2,773,901 SF
Units
99

Location Insight

City
Ankeny
County
Polk
State
Iowa
Latitude
41.6927765
Longitude
-93.5486154

FAQs

What type of property is this?
Mobile home & RV park - 99 Units, Des Moines Metro, Value-Add Opportunity
Where is the mobile home & rv park located?
The property is located at 7368 Berwick Dr Ankeny, IA.
What are key features of this property?
This property features: 99-space mobile home park in Ankeny, IA, offering a value-add investment opportunity.; Currently 11.1% occupied with 99 pads on a 63.68-acre lot.; Recently renovated in 2024, featuring concrete roads and drives, and new entry signage.
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7368 Berwick Dr
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