1087 Hill StRadcliff, KY 40160

Property Details for 1087 Hill St

Lot size

1.02 AC

Property type

Commercial real estate

APN

138-40-03-030

APU

1384003030

Description

This exceptional investment opportunity presents an eleven-lot mobile home park situated on a convenient city street in Radcliff, Kentucky. The property encompasses 1.02 acres of land, eliminating the costs associated with street maintenance and snow plowing, a significant advantage for investors. The mobile homes themselves are not included in the sale, offering a blank canvas for future development or immediate income generation through tenant placement. A key feature of this property is the direct billing system for utilities: tenants are responsible for their own water, sewer, and electric expenses, minimizing operational overhead for the owner. Furthermore, the absence of common areas significantly reduces maintenance responsibilities and associated costs. This turnkey investment presents a streamlined approach to passive income generation, with the potential for substantial returns. The asking price for this lucrative property is $385,000. This represents a rare opportunity to acquire a well-positioned mobile home park with minimal operational demands and significant upside potential. The property's location on a city street ensures easy access and visibility, attracting potential tenants. This is an ideal investment for those seeking a low-maintenance, high-yield asset in a growing Kentucky market. Serious inquiries only.

• Alternative Use

  Use

  Valuation

  Residential

  $8,785,549

  Hospitality

  $8,047,516

  Educational

  $6,695,439

  Medical

  $6,925,706

  Retail

  $10,415,127

Location Insight

City

Radcliff

County

Hardin

State

Kentucky

Latitude

37.8512

Longitude

-85.9525

CBSA code

21060

CBSA name

ELIZABETHTOWN-FORT KNOX, KY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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