Available
For SALE
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Rochester, Indiana
Available
Price : $2,500,000
Price Per Site : $125,000
Cap Rate : 3.8%
Number of Spaces : 20
Land Size : 2.48 Acres
Water : City
Sewer : City
Investment Highlights
- Quality complex’s that are well maintained
- City Water and City Sewer
- Units are below market rents, opportunity for a New Buyer to increase rents
- Strong Rental Market & Occupancy Rates, Units are 100% Occupied
- Rental Portfolio Video
- Link to Offering Memorandum
For SALE
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Wabash, Indiana
Available
Price : $1,280,000
Price Per Site : $40,000
Cap Rate : 9.9%
Number of Spaces : 32
Land Size : 16.5 Acres
Water : Well
Sewer : Private
Investment Highlights
- Stable Community with 97% occupancy
- Opportunity to increase lot rents, lot rent is $275 which includes Water & Sewer
- Well maintained community
- 19 park owned homes included in the sale
- Rhoades Community Video
- Link to Offering Memorandum
For SALE
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Albion - Wolcottville - LaOtto, Indiana
Available
Price : $10,350,000
Price Per Site : $52,280
Cap Rate : 6.54%
Number of Spaces : 169
Land Size : 26 Acres
Water : City
Sewer : City
Investment Highlights
- Stable Portfolio of Communities with Upside Increasing Rents
- Quality Park Owned Housing Inventory, 25 of the homes are less than Two years old
- Great Location NW of Fort Wayne, strong demand for Rentals
- All Five Communities are on City Sewer, Four of the Communities are on City Water
- NW Fort Wayne MHC Portfolio Video
- Link to Offering Memorandum
For SALE
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Fort Wayne, Indiana
Available
Price : $5,395,000
Cap Rate : IN-Place: 8.3%
Number of Spaces : 87,560 SQ FT
Land Size : 8.54 Acres
Water : City
Sewer : City
Investment Highlights
- Excellent commercial location East of Northcrest Shopping Center of Fort Wayne’s North side
- High daily traffic count along N Clinton with over 27,000 vehicles passing by daily
- Property has below market rents providing upside for a new buyer
- 100% occupied
- Property Video
- Link to Offering Memorandum
For SALE
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Muncie, Indiana
Pending
Price : $795,000
Price Per Site : $23,125
Cap Rate : 8.9%
Number of Spaces : 32
Land Size : 3 Acres
Water : City
Sewer : City
Investment Highlights
- Stable Community with 75% occupancy, opportunity to fill remaining sites
- Great location, near Muncie Mall, Aldi, Texas Roadhouse and a bus stop
- City Water & City Sewer
- North Walnut Community Video
- Link to Offering Memorandum
For SALE
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Three Rivers, Michigan
Pending
Price : $1,800,000
Price Per Site : $39,881
Cap Rate : 8.5%
Number of Spaces : 42
Water : Well
Sewer : Septic
Investment Highlights
- Stable Community with 98% occupancy
- Lots of Capital Improvements Completed in Recent Years
- Mainly Resident Owned Homes (85%)
- Major Employers nearby the Community
- Golden Pond Estates Video
- Link to Offering Memorandum
For SALE
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Steeleville, IL
Available
Price : $1,425,000
Price Per Site : $24,508
Cap Rate : 8.6%
Number of Spaces : 61
Water : Public
Sewer : Public
Investment Highlights
- Stable Community with upside filling vacant sites
- Located only 60 miles from St. Louis
- Strong Demand for Housing
- City Water & City Sewer
- Link to Offering Memorandum
For SALE
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Fort Wayne, IN
Pending
Price : $675,000
Land Size : 35.74
Water : Public
Sewer : Public
Investment Highlights
- Vacant land in Allen County, Indiana that is zoned for Manufactured Housing
- Great location near General Motors Plant
- Housing Demand is Strong in Fort Wayne
- City Water & City Sewer is near the Property
- Property Video
- Link to Offering Memorandum
For SALE
Request Info
Fort Wayne, IN
Pending
Price : $11,500,000
Price Per Site : $59,585
Cap Rate : 5.7%
Number of Spaces : 193
Land Size : 50
Water : Public
Sewer : Public
Investment Highlights
- Stable Community with 76% occupancy, with opportunity to fill vacant homes
- Fantastic Location near Parkview’s Hospital Campus
- Opportunity to increase cash flow by raising Lot Rent
- City Water & City Sewer
- Oak Creek Estates Video
- Link to Offering Memorandum
