1121 State Road 46 W Road, Batesville, IN 47006

bedrooms 14
bathrooms 14
|Other
THB ฿17,220,313
USD $535,000
Published on: 03 May 2025
Last updated on: 08 Jul 2025
1121 State Road 46 W Road, Batesville, IN 47006
1121 State Road 46 W Road, Batesville, IN 47006
1121 State Road 46 W Road, Batesville, IN 47006
+5
1121 State Road 46 W Road, Batesville, IN 47006
  • 5
Property ID: 110099164639
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Other - Batesville, IN

1121 State Road 46 W Road, Batesville, IN 47006
Turnkey Mobile Home Park Investment – 100% Leased Mobile Home Park with Value-Add Potential. Presenting a fully stabilized mobile home park offering immediate cash flow and value-add potential. This 14-lot park is on city water / city sewer and is 100% occupied with all 14 homes as tenant-owned homes. Easy to manage remotely with maintenance guy on site. Lot rents range from $360–$390/month. Annual Gross Income is $76,523.81; Net Operating Income is $48,994.77. Selling at a 9.16% CAP. The property is zoned B3 (General Business) with additional vacant land ready for further development, opening the door to a range of development possibilities including storage units (see Permitted Use Table). The property also includes a 5,000 sq ft pole barn, currently leased to a commercial tenant. Don’t miss this rare opportunity to acquire a high-performing asset with stable occupancy on city water / city sewer, multiple income streams, and room to grow.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
23,067.10 m2
Building Size
464.52 m2
Rooms
14 bedroom(s), 14 bathroom(s)
Architecture Style
Other
Num Floors
1
County
Franklin County
Parcel ID
24-12-24-200-001.000-015
Provider
Bloomington MLS, Inc.
Subdivision
None
Brokerage Office Name
Century 21 Scheetz
Brokerage Office Phone
(317) 844-5111
Address
1121 State Road 46 W Road, Batesville, IN 47006

Nearby Schools

TypeSchool nameDistrict name
HighBatesvilleNot available
Not availableNot availableNot available
ElementaryBatesville IntermediateNot available
Not availableNot availableNot available
MiddleBatesvilleNot available
Not availableNot availableNot available
JuniorhighBatesvilleNot available
Not availableNot availableNot available
Contact Agent
Craig Dohman
Century 21 Scheetz - Bloomington
1155 S College Mall Rd, BLOOMINGTON, IN 47401
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Craig Dohman
1155 S College Mall Rd, BLOOMINGTON, IN 47401
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      Property ID: 110099164639

      Original Property ID: 3yd-BMLSIN-202515671
      Data provided by Bloomington MLS, Inc., MLS #: 202515671
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