Contact Information

Mobile Home Park Details

  • Price: $1,480,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1340042
  • Posted On: Oct 15, 2020
  • Updated On: Oct 15, 2020

Property Description

PROPERTY OVERVIEW
Wisely Commercial Realty is pleased to offer for sale Briarwood Estates an HOA manufactured housing subdivision located in Plymouth, Indiana. Briarwood Estates has 92 planned individual lots. Briarwood Estates is zoned for liberal residential development use and contains a total of 64 finished vacant lots, 6 lots that have been sold on a Land Contract, 1 Inventory home and 1 Office. The remaining 21 lots have been sold and the homeowner only pays a monthly HOA fee. The property is in an Opportunity Zone and has approximately 17 acres. The community is serviced with City Water and City Sewer.

INVESTMENT HIGHLIGHTS
• The Seller has an appraisal from December 2019 for $1,480,000
• Located in an Opportunity Zone
• City Water & City Sewer
• Well Located Community, 1-Mile from a Wal-Mart Supercenter

Community Video: https://youtu.be/Gq25s1lEhVw

Offering Memorandum Link: https://www.crexi.com/properties/489700/indiana-briarwood-estates?offeringMemorandum=download

Listing Website: www.wiselycr.com

Listing Agent: Adam McNeil - armcneil@wiselycr.com - 317-564-8339

Location

Plymouth, IN

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Park Information

Community Type: All Age
Number of MH Lots: 92
Year Built: 2000
Size: 17 acre(s)

Financial Information

Gross Income $82,114
Debt Info

Lot Information

Doublewide Lots: 92

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 8

Video

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