42757 Archives | Sands Investment Group

Sands Investment Group is Pleased to Present Exclusively For Sale the Spring Park Manufactured Home Community Located in Magnolia, KY. Spring Park Consists of 11 Established Lots With 10 of Them Currently Leased. As Most Investors Desire, Ownership Does Not Own the Actual Manufactured Homes, Making It Unlikely For Tenants to Leave and Eliminating the Need For Spring Park Ownership to Maintain the Manufactured Homes. There is Additional Space Available For Expansion, and the Majority of the Tenants Are Established and Have Resided On-Site For Many Years.

Spring Park Consists of 11 Established Lots With 10 Currently Being Leased
The Property Has Additional Space Available For Expansion
The Majority of the Tenants Are Established and Have Resided On-Site For Many Years
Limited Landlord Responsibilities
Property Includes City Water, Electricity and Access to the Internet and a Phone
New Septic Pump Installed in January 2021 With a 3-Year Warranty and New Septic Tanks Installed in 2010
Located Near a Cellular Base Station
Easy Entry Price Point
Located Off of U.S. 31 East Which Sees Over 2,100 Vehicles Per Day
Over 16,806 People Live Within a 10-Mile Radius Making an Average Household Income of $56,896
Surrounding Tenants Include: Dollar General, Valero, Decades Restaurant, Unites States Postal Service, Magnolia Bank, Hidden Treasures and More