Contact Information

Mobile Home Park Details

  • Price: $2,075,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1191992
  • Posted On: Feb 17, 2020
  • Updated On: Feb 17, 2020

Property Description

For the Offering Memorandum please go to www.wiselycr.com

Wisely Commercial Realty is pleased to offer for sale Pleasant Valley and Crescent Hills manufactured housing communities located in Logansport, Indiana. Pleasant Valley MHC has 41 sites located on the NE side of Logansport. The community is serviced by city water and city sewer. Crescent Hills MHC has 47 sites located on the West side of Logansport. The community is serviced by well water and city sewer. This opportunity provides a Buyer a chance to acquire 88 sites in close proximity to each other.

Offering Memorandum: https://www.crexi.com/properties/313335/indiana-pleasant-valley-crescent-hills?offeringMemorandum=download
Due Diligence Vault: https://www.crexi.com/properties/313335/indiana-pleasant-valley-crescent-hills?openDueDiligence=open

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Park Information

Number of MH Lots: 88
Total Occupancy: 84.0 %

Financial Information

Net Operating Income $143,196
Debt Info

Lot Information

Singlewide Lots: 88

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 16

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