Introducing Lake Arthur Manufactured Housing Community in Remington, Indiana! Priced at $1,899,000, this property features 56 mobile home sites with city water and sewer service. With an In-Place NOI of $151,973 and a Cap Rate of 8.00%, this is a lucrative investment opportunity. Strategically located just off I-65, 30 minutes north of Lafayette, this community includes 12 park-owned homes, providing immediate income potential. The chance to increase cash flow by filling vacant sites with new or used homes makes this property a promising venture. City Don't miss out on the potential of Lake Arthur - seize this opportunity to invest in a thriving market and reap the rewards of owning a successful manufactured housing community in a prime location.

Community Video: https://youtu.be/HKP8fUTkRLg?si=4DGyFvppPIMv5vsl

Go to www.wiselycr.com for the OM and other information