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MHP 360 CONFIDENTIAL SALE #9 - SOLD Somewhere in Indiana

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Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 11.5%
  • Listing ID: 102527
  • Posted On: Aug 15, 2011
  • Updated On: Apr 13, 2016

Description

NORTHEAST INDIANA! 82% Occupancy! 11.5% Cap Rate! Upside Potential! $13,934 per Home Site! City Water & Sewer billed directly to the residents by the city. Very Low Maintenance! Turn Key Operation! City pays for snow plow and street lights! Seller wants to retire! Bring ALL OFFERS! Contact Andria Strittmatter at 317-800-1840 for more information regarding this property.

Location

NORTHEAST INDIANA

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Park Information

Community Type: All Age
Number of MH Lots: 61
Total Occupancy: 82.0 %
Average MH Lot Rent: $235
Size: 6 acre(s)

Lot Information

Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 6

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