Presenting a prime investment opportunity in the Bell Subdivision community of Monticello. This 22-unit mobile home park features a mix of 20 single-wide homes, 1 double-wide mobile home, and a lot ready for development. These homes offer a variety of layouts, predominantly consisting of 2 bedrooms and 1 bath.Currently, 18 units are occupied, ensuring a steady income stream, with 3 homes and one lot available for potential growth. Water costs are covered by the landlord, while tenants are responsible for all other utilities, making this an attractive and manageable investment. Don't miss out on this rare chance to secure a profitable and expanding asset in a desirable location.
The median home value in Monticello, KY is $253,000. This is higher than the county median home value of $133,000. The national median home value is $338,100. The average price of homes sold in Monticello, KY is $253,000. Approximately 44.36% of Monticello homes are owned, compared to 36.53% rented, while 19.12% are vacant. Monticello real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monticello real estate agent to arrange a tour today!
Monticello, Kentucky has a population of 5,782. Monticello is more family-centric than the surrounding county with 41.15% of the households containing married families with children. The county average for households married with children is 30.16%.
The median household income in Monticello, Kentucky is $40,477. The median household income for the surrounding county is $41,237 compared to the national median of $69,021. The median age of people living in Monticello is 38.7 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 24.7 degrees. The average rainfall is approximately 51.5 inches per year, with 9.3 inches of snow per year.