Avon Village MHP - for Sale in Avon, Indiana
235 Avon Village Drive
Avon, IN 46123
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This Mobile Home Park is Sold
View more Mobile Home Parks for Sale in Avon, IN.
Mobile Home Park for Sale(Distressed)This property is in default, REO or in foreclosure. |
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| Number of MH Lots: | 88 |
| Size: | 11.9 acre(s) |
| Status: | Sold |
| Property ID: | 106865 |
| Posted on: | Oct 14, 2011 |
| Updated on: | Jan 10, 2012 |
Property Description
Avon Village is an older community conveniently located on an extremely busy intersection of the growing town of Avon, only 3 miles off I-465 in the western Indianapolis metro area. The town of Avon is among the more desirable area of Indianapolis because of its strong school system, parks and recreation. Evidence of this strong demographic growth can be seen by the new Wal-Mart and Target directly across the street from the property.
Avon Village was separately metered for water and sewer. However, currently some meters are missing or inoperable and therefore the utility charge of $29 per occupied lot has been implemented. The aging infrastructure (40 +/- years) is an uncertainty, but the location and population growth of this town provide a positive outlook.
Avon Village is one of two REO communities in this portfolio that are located in the greater Indianapolis area.
Note: The seller will accept combined offers on both properties as long as it is accompanied with individual property offers.
Park Information
| Number of MH Lots: | 88 |
| Total Occupancy: | 66.0% |
| Year Built: | 1973 |
| Average MH Lot Rent: | $340 |
| Size: | 11.9 acre(s) |
Financial Information
| Net Operating Income | $35 |
| Debt Info |
Utility Information
| Water: | City |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 23 |
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