COLONIAL COURT - ARGOS, INDIANA. This manufactured housing community offers 92 mobile home sites meticulously maintained and upgraded by the current owner. Boasting a solid 99% occupancy rate, with 43 park-owned homes included, this property generates a combined IN-Place NOI of $628,736. Situated in a prime location with city water and sewer services, residents are directly billed for water, sewer, and trash, ensuring the community operates at a low expense ratio. Check out the updated Offering Memorandum. Some of the park-owned homes were sold off, and we have an updated rent roll that accounts for the rent increase at the community. Community Price: $5,500,000 (7% Cap Rate) Park Owned Homes: $1,000,000 Total Purchase Price: $6,500,000 Community Video Link: https://youtu.be/509nrHaLuJo Listing Site: www.wiselycr.com