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Contact Information

Mobile Home Park Details

  • Price: $469,000
  • Purchase Method: Cash
  • Cap Rate: 12.0% (Actual)
  • Listing ID: 7027091
  • Posted On: Apr 15, 2026
  • Updated On: Apr 15, 2026

Description

Cash-Flowing Mobile Home Park + Duplexes for Sale

Strong income-producing property with 6 park-owned homes and 2 duplexes (4 units). Located just 25 minutes from Terre Haute (150K+ population, growing market) with high rental demand.

I’ve invested heavily into the property, with 5 of the 6 homes fully renovated, so there is little to no CapEx needed. This is a turnkey, cash-flow-heavy asset ready for a new owner.

Highlights:
• 6 POH + 4 apartment units
• Strong cash flow
• High demand area
• Majority of units renovated
• Minimal maintenance needed

Location

Sullivan , Indiana

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

Park Information

Number of MH Lots: 10
Total Occupancy: 90.0 %

Financial Information (Actual)

Gross Income: $66,000
Operating Expense: $9,800
Net Operating Income: $56,200
Expense Ratio: 14.8 %

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 10
Average Rent for Park-owned Homes: $725

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