5822 Natalie Dr - Manufactured Housing/Mobile Housing FOR SALE


Remington, IN 47977
$1,975,000 USD
317-564-8339
5822 Natalie Dr, Remington, IN for Sale
$1,975,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
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5822 Natalie Dr
Remington, IN 47977


OVERVIEW

Introducing Lake Arthur Manufactured Housing Community in Remington, Indiana! Priced at $1,975,000, this property features 56 mobile home sites with city water and sewer service. With an In-Place NOI of $151,973 and a Cap Rate of 7.69%, this is a lucrative investment opportunity. Strategically located just off I-65, 30 minutes north of Lafayette, this community includes 12 park-owned homes, providing immediate income potential. The chance to increase cash flow by filling vacant sites with new or used homes makes this property a promising venture. Don't miss out on the potential of Lake Arthur - seize this opportunity to invest in a thriving market and reap the rewards of owning a successful manufactured housing community in a prime location. Community Video: https://youtu.be/HKP8fUTkRLg?si=4DGyFvppPIMv5vsl For more information, go to www.wiselycr.com

FOR SALE DETAILS

PRICE

$1,975,000 USD

# OF UNITS

56

PRICE/UNIT

$35,268

CAP RATE

7.69%

% LEASED

59%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake Arthur

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

35.23 AC

LAND SF

1,534,706 SF

ZONING

BUFF

APN/PARCEL ID

37-01-25-000-008.000-002

ASK ABOUT THIS PROPERTY

Adam McNeilWisely Commercial RealtyMore Info
317-564-8339

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Adam McNeilWisely Commercial RealtyMore Info
317-564-8339

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.