Contact Information
Mobile Home Park Details
- Price: $1,899,000
- Cap Rate: 8.7% (Actual)
- Listing ID: 6954321
- Posted On: Jul 30, 2025
- Updated On: Dec 3, 2025
Description
Wisely Commercial Realty is pleased to offer for sale Lake Arthur, located in Remington, IN. This is a great opportunity to acquire 56 mobile home sites in a strong market. The owner has done a great job improving the property over the past few years and is now ready for the next owner to take over. A new owner can focus on filling the vacant sites with new or used homes to increase the cash flow. The property is serviced by city water and city sewer. Included in the sale are 9 occupied park-owned homes. The community is located just off of I-65, 30 minutes north of Lafayette, IN.
Community Video: https://youtu.be/HKP8fUTkRLg?si=4DGyFvppPIMv5vsl
Go to www.wiselycr.com for the OM and other information
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 56 |
| Total Occupancy: | 64.0 % |
| Year Built: | 1980 |
| Size: | 35 acre(s) |
Financial Information (Actual)
| Net Operating Income: | $164,290 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |