This former motel has been converted into 6 efficiency apartments. Brick exterior, aluminum windows. Large lot has room for expansion or construction of other buildings Camper hookups at each end of building. Past years income have varied with top monthly income being $6000 during bridge construction phase in Meredosia. Standard income is $400 per month for each efficiency apartment. Giving gross yearly income at 100% occupancy at $28,800 per year. Estimates are: insurance-$2700 yearly, taxes-$1200, Utilities-$7200, Internet-$1500, Repair/Vacancy-$4000 Additional land space could be developed into a storage facility or other income producing business.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
