Contact Information

Mobile Home Park Details

  • Price: $3,795,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Property ID: 1319797
  • Posted On: Sep 7, 2020
  • Updated On: Sep 7, 2020

Property Description

For more information please go to our website www.wisleycr.com or click on the following links:

OM Link: https://www.crexi.com/properties/462000/indiana-northgate-mhc?offeringMemorandum=download

DD Vault Link: https://www.crexi.com/properties/462000/indiana-northgate-mhc?openDueDiligence=open

Wisely Commercial Realty is pleased to offer for sale Northgate Manufactured Housing Community located in Plymouth, Indiana. Northgate MHC has 165 approved sites and is 47% occupied. The Community has City Water and City Sewer that is currently being paid for by the Landlord. A new operator can sub-meter and charge the water cost back to the residents.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 165
Total Occupancy: 47.0 %
Average MH Lot Rent: $365

Financial Information (Actual)

Gross Income $348,780
Operating Expense $157,290
Net Operating Income $191,490
Expense Ratio 45.1 %
Debt Info

Lot Information

Singlewide Lots: 165

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Video

Download Documents

Other Listings by Adam Mcneil See More

Similar Mobile Home Parks for Sale