5822 Natalie Dr - Manufactured Housing/Mobile Housing FOR SALE


Remington, IN 47977
$1,899,000 USD
317-564-8339
5822 Natalie Dr, Remington, IN for Sale
$1,899,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/10
null | 8.65% Cap Rate

5822 Natalie Dr
Remington, IN 47977


OVERVIEW

Wisely Commercial Realty is pleased to offer for sale Lake Arthur, located in Remington, IN. This is a great opportunity to acquire 56 mobile home sites in a strong market. The owner has done a great job improving the property over the past few years and is now ready for the next owner to take over. A new owner can focus on filling the vacant sites with new or used homes to increase the cash flow. The property is serviced by city water and city sewer. Included in the sale are 9 occupied park-owned homes. The community is located just off of I-65, 30 minutes north of Lafayette, IN. Community Video: https://youtu.be/HKP8fUTkRLg?si=4DGyFvppPIMv5vsl For more information, go to www.wiselycr.com

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$950 USD /SF

# OF UNITS

56

PRICE/UNIT

$33,911

CAP RATE

8.65%

% LEASED

64%

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 Notice.