Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1535543
- Posted On: Oct 13, 2021
- Updated On: Dec 8, 2021
Description
For more information please go to www.wiselycr.com or click on the links below:
Offering Memorandum Link: https://www.crexi.com/properties/686654/indiana-liberty-mhc?offeringMemorandum=download
Due Diligence Vault Link: https://www.crexi.com/properties/686654/indiana-liberty-mhc?openDueDiligence=open
Community Video Link: https://youtu.be/ahPm2ZQC6zc
PROPERTY OVERVIEW
Wisely Commercial Realty is pleased to offer for sale Liberty MHC located in Fairmount, Indiana. Liberty MHC consists of 36 approved home spaces and a restaurant that is leased out situated on 5.74 acres of land. The property is serviced by well water and septic. This is a value-add opportunity offered at an inexpensive price per site. A new owner can come in and renovate the existing vacant homes in the community and bring in new homes to fill the vacant sites. 11 vacant park owned homes are included in the sale.
INVESTMENT HIGHLIGHTS
• Value-Add opportunity at an inexpensive price per site
• Opportunity to renovate the vacant park owned homes
• Great location, on a busy HWY 9 & 26
• $45,000 spent on new electric for 19 of the sites
Location
Fairmount, IN
Park Information
Number of MH Lots: | 36 |
Total Occupancy: | 22.0 % |
Size: | 6 acre(s) |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |