Photo of Land Lease Community
Photo of Land Lease Community
Photo of Land Lease Community

Mobile Home Park Details

  • Purchase Method: Assumable Loan
  • Cap Rate: 8.6%
  • Listing ID: 246068
  • Posted On: Aug 13, 2012
  • Updated On: May 1, 2013

Description

Windhorst Park is an 83 lot community built in the 1960s on +/-9.76 acres of land. The property is located in Indianapolis on the highly trafficked East Washington Street. Windhorst Park contains all single wide homes and has seven vacant lots. The current lot rent at Windhorst Park is $295 per month. Residents pay all utilities including water and sewer, which is provided by the city of Indianapolis.

Location

Located in Indianapolis, Marion County, Indiana
Well maintained community with paved and lighted streets.
Situated along east washington street The primary East-West Street across Indianapolis
City sewer & Water - Residents pay utilities

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Park Information

Community Type: All Age
Number of MH Lots: 83
Total Occupancy: 94.0 %
Year Built: 1960
Average MH Lot Rent: $295
Size: 10 acre(s)

Lot Information

Singlewide Lots: 78

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

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