#1 • Established 4-Unit Mobile Home Park Offering Steady Income in Ashland
Part of SOLD $122,650 - Established 4-Unit Mobile Home Park Offering Steady Income in Ashland (timed auction by Joe R. Pyle Complete Auction & Realty, LLC)
High bid $111,500.00
Status: Sold
Online Real Estate Auction Bidding begins closing Thursday, July 16th at 6:00PM Broadway Dr. Ashland, KY Don't miss this opportunity to purchase a 4-unit trailer park located in a strong rental market. With multiple income-producing units already in place, this property offers immediate cash flow and long-term investment potential. Property Addresses: 9451 Oak Hill Drive, Ashland, KY 11120 Broadway Drive, Ashland, KY 11122 Broadway Drive, Ashland, KY 11124 Broadway Drive, Ashland, KY Rental Income 9451 Oak Hill Drive – $950/month (HUD-backed rental income) 11120 Broadway Drive – $700/month (Tenant-paid rent) 11122 Broadway Drive – $150/month (Lot rent only) 11124 Broadway Drive – Currently Vacant Current Monthly Income: $1,800 Current Annual Income: $21,600 Parcel ID: 025-01-00-028.00 This property presents an excellent opportunity for investors looking to expand their portfolio with an income-producing asset. The vacant unit offers additional upside potential through future rental income. Located in a high-demand rental area with city water and sewer, this trailer park provides both immediate returns and room for growth. Sold in cooperation with Woodrow Wilson, Broker 179027 10% buyer’s premium. 60 days to close. Please read full terms and conditions before bidding.