Mobile Home Park Details

  • Price:
  • Purchase Method: Cash
  • Cap Rate: 9.8%
  • Property ID: 924583
  • Posted on May 3, 2018

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.

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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

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