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Mobile Home Park Details

  • Price: $425,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1105255
  • Posted On: Jul 11, 2019
  • Updated On: Sep 3, 2019

Property Description

PROPERTY OVERVIEW
Wisely Commercial Realty is pleased to offer for sale Oakwood MHC located in Lowell, Indiana. Oakwood MHC has 17 MHC sites and two stick built homes on 4.9 acres of land. Property is located just south of Lowell. Housing in the area is expensive which drives the demand for affordable housing. The Property is serviced by well and septic.

INVESTMENT HIGHLIGHTS
• Opportunity to increase Rents
• Located in area with high demand for housing
• Primarily Resident Owned Homes

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Park Information

Community Type: All Age
Number of MH Lots: 19
Total Occupancy: 74.0 %
Average MH Lot Rent: $350
Size: 4.9 acre(s)

Lot Information

Singlewide Lots: 19

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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