Contact Information

Mobile Home Park Details

  • Price: $499,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 5.7%
  • Property ID: 1610544
  • Posted On: Feb 22, 2022
  • Updated On: Feb 22, 2022

Property Description

Wisely Commercial Realty is pleased to offer for sale Country Squire located in Daleville, Indiana. Country Squire consists of 16 approved home spaces, 1 Single Family Home and 1 storage barn situated on 15.59 acres of land. Daleville is right outside of Muncie, IN home of Ball State University. Great country location -- with close proximity to I-69 and just 1 hour from Downtown Indianapolis.

Stable community
Great RV interest
Opportunity to Fill the remaining Vacant Sites
5 + Acres of land—currently being farmed

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

Park Information

Community Type: All Age
Number of MH Lots: 16
Total Occupancy: 87.5 %
Average MH Lot Rent: $245,300
Size: 16 acre(s)

Financial Information

Gross Income $42,020
Operating Expense $13,611
Net Operating Income $28,409
Expense Ratio 32.4 %
Debt Info

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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