The Northcrest, Inc. Park is a wonderful seasonal park with 28 mobile home lots and an amazingly beautiful location on the Barbee chain of lakes. The park includes an open lot with 120 feet of lake access and a pier to accommodate all the residents' boats. The park is open from April to October and is located on 4 acres of land in a very desirable community. The park has lots of room for a garage, boat storage, extra parking and expansion room for 4 more lots.

The Northcrest tenants are long term tenants with a great pride of ownership in their homes and the park. All the homes are tenant owned so the new owner will not have to deal with home repairs. The new owner will also have very little park maintenance or hassles.

Northcrest Park has a great financial return. Priced at $325,000 with a net operating income of approximately $30,000 gives the park more than a 9 cap with room to expand 4 more lots and the extra open lot with 120 feet of lake front thrown in! This park is an amazing value with low maintenance and headaches, great NOI, expansion ability and lake access.

Public sewers are scheduled to be added to the park in 2015. The public lines will run to the park and the new owner can add the sewer lines within the park. The plans and cost of the additions are already detailed out with a company that can perform the work.

Northcrest Park is a huge opportunity that will not last long. If you are looking for a great return on investment with low maintenance and work, this is the park for you! Call Trent Conaway at (317) 844-4684 for more information and a showing.