Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.9%
  • Property ID: 1919722
  • Posted On: Oct 27, 2022
  • Updated On: Feb 8, 2023

Property Description

For more information go to or click on the following links.

Link to Offering Memorandum:

Community Video Link:

Wisely Commercial Realty is pleased to offer for sale Country Square Estates and Oak Street manufactured housing communities located in Columbia City, Indiana. Both communities are located approximately one mile from each other, the current owner operates both communities as one under Country Square Estates. The properties are serviced by municipal water and sewer, the water and sewer is direct billed to the residents.

Country Square Estates consists of 20 approved mobile home spaces and 1 apartment building that has two units. 4 of the sites are not usable. Oak Street consists of 14 approved mobile home spaces.

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

Park Information

Number of MH Lots: 35
Total Occupancy: 71.0 %
Size: 8 acre(s)

Financial Information (Actual)

Gross Income $115,731
Operating Expense $53,043
Net Operating Income $62,688
Expense Ratio 45.8 %
Debt Info

Utility Information

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


Other Listings by Adam McNeil See More

Similar Mobile Home Parks for Sale