For more information please go to www.wiselycr.com

Offering Memorandum Link: https://www.crexi.com/properties/1097940/indiana-lost-river-holdings?offeringMemorandum=download

Community Video: https://youtu.be/JfBE6JkqkOE

PROPERTY OVERVIEW
Wisely Commercial Realty is pleased to offer for sale Lost River Holdings located in Orleans, Indiana. Orleans is located approximately 40 miles south of Bloomington and approximately 50 miles NW of Louisville, KY. Lost River Holdings consists of 48 approved home spaces, a single-family home and 16 Tiny Homes and 2 RV lots. The community is situated on 7.68 acres of land. The property is serviced by City Water and City Sewer and is sub metered and billed back to the Residents.

INVESTMENT HIGHLIGHTS
• Stable Community with upside increasing rents
• City Water & City Sewer
• 16, 2021 Built Tiny Homes Included
• Located approximately 40 Miles from Bloomington, IN

OFFERING SUMMARY
Total Price: $3,200,000
NOI: $275,251
Cap Rate: 8.60%
MHC Sites: 48
Tiny Homes: 16
RV Lots: 2
Total Sites: 64
Occupied Sites: 63
Economic Occupancy: 98%
Total Park Owned Homes: 41
Single Family Home Included