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.
Type | School name | District name |
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High | Batesville | Not available |
Not available | Not available | Not available |
Elementary | Batesville Intermediate | Not available |
Not available | Not available | Not available |
Middle | Batesville | Not available |
Not available | Not available | Not available |
Juniorhigh | Batesville | Not available |
Not available | Not available | Not available |
Email enquiry to Century 21 Scheetz - Bloomington
Property ID: 110099164639
Original Property ID: 3yd-BMLSIN-202515671