Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.2%
- Listing ID: 1236385
- Posted On: Mar 30, 2020
- Updated On: Sep 29, 2020
Description
FOR THE OFFERING MEMORANDUM CLICK HERE: https://www.crexi.com/properties/334759/indiana-atlanta-mhc?offeringMemorandum=download
LISTING WEBSITE: WWW.WISELYCR.COM
PROPERTY OVERVIEW
Wisely Commercial Realty is pleased to offer for sale Atlanta MHC located in Atlanta, Indiana. Atlanta MHC consists of 61 approved home spaces and a single family home situated on 6.6 acres of land. The property is serviced by city water and city sewer. The water and sewer is master metered and paid by the Landlord. A new operator has the ability to build out the 36 approved expansion sites. Rare to find a community in Hamilton County that is available for sale.
INVESTMENT HIGHLIGHTS
• Located just north of Indianapolis
• Hamilton County wealthiest county in Indiana
• 36 approved expansion sites
• City Water and City Sewer that can be Sub-metered
Park Information
| Number of MH Lots: | 61 |
| Total Occupancy: | 96.0 % |
| Size: | 7 acre(s) |
Financial Information
| Net Operating Income: | $53,992 |
Lot Information
| Singlewide Lots: | 61 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
