Listed with Best Realty of Edgerton
Unique investment opportunity to own your own water system. 49 accounts pay $106.50 every three months. Cap rate of 8.055% based on current list price & 2021 financials. Great cash flow without the hassle of tenants. Equipment in well house was upgraded in 2017-2018 with updated pressure tank, pump, electronic system, etc (over $56,000 in upgrades). System has the potential to add additional homes on with additional land development (would need a new well drilled, but pump house equipment is potentially set up for future additional homes. Buyer to verify if important).
|LAST UPDATED||10/27/2022||YEAR BUILT||0|
|COMMUNITY||FULTON - T||COUNTY||Rock|
|AREA||FULTON - T|
|GARAGE||1-5 spaces, Gravel, Onsite|
|LOT||3920 sq ft|
|LOT DESCRIPTION||Free standing, Residential area|
|STYLE||Present Use: Service|
TOTAL MONTHLY PAYMENT
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