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Address is 1710 South Walnut Street Hartford City, IN 47348

Russ Williamson

Colliers International

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Sherwood & Nottingham MHCs

Multi Family Housing for Sale in Hartford City, Indiana

1710 South Walnut Street
Hartford City, IN 47348

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Sale Price: $1,450,000

Contact Information

Russ Williamson
Colliers International

Mobile Home Park for Sale

Number of MH Lots: 119
Size: 48.4 acre(s)
Cap Rate: 9.8%
Purchase Method: Cash
Status: Active
Property ID: 924583
Posted on: May 03, 2018
Updated on: Aug 07, 2018
Price: $1,450,000

Property Description

The Colliers Manufactured Housing Group is pleased to present the opportunity to acquire Sherwood and Nottingham manufactured home communities, a 119-site community (81 fully developed and 38 undeveloped) located in Hartford City, Indiana.

This all-age community is just seconds away from downtown Hartford City. Within the county, there is a population of 12,297 and an average household income of $54,002. Sherwood and Nottingham MHC is only one hour from Fort Wayne, IN, and only an hour and a half from downtown Indianapolis.

Attachments

SWNH Mailer.pdf

Park Information

Number of MH Lots:119
Total Occupancy:75.0%
Average MH Lot Rent: $239
Size:48.4 acre(s)

Financial Information

Net Operating Income$141,523
Debt Info

Utility Information

Water:City
Water Paid By: Park
Sewer:City

Park-Owned Homes

Number of Park-owned Homes:50