Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.0%
  • Listing ID: 123032
  • Posted On: Mar 13, 2012
  • Updated On: Apr 13, 2016

Description

55+ SENIOR PARK! 1OO% OCCUPANCY with 50% Long-term Residents! 100% Rent Collection with Direct Deposit into Seller's Account every month! $50 / month below market rent! ALL Vinyl/Shingle! More than 50% Doublewide! Carports on Every Home! Built in 1993! City Water & Sewer Billed Direct to Residents! Turn Key Operation! Don't Miss this Opportunity because this property won't last for long! Contact Andria Strittmatter at 317-800-1840 for more information regarding this property.

Location

Northeast Indiana

Amenities

  • Club House
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Park Information

Community Type: 55 And Over
Number of MH Lots: 45
Total Occupancy: 100.0 %
Year Built: 1993
Average MH Lot Rent: $213
Size: 9 acre(s)

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 0
Average Rent for Park-owned Homes: $0

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