Properties for Sale

# 311 - Central, Indiana, United States

Basic Details
Property Type : Mobile Home Community
Ref ID : # 311
Owner Occupied : 17
Price : $700,000
Number of Vacant Lots : 0
Total Number of Sites : 51 + Stick Built Home
Rentals : 28
Listing Type : For Sale
Number of Vacant Units : 6
Address Map
Country : US
State : IN
City : Central
Property Description

Community Information
Total Acres:
Unused Acres: 0
Traditional Occupancy Rate: 80%
Is Manager Onsite: Yes
Number of Entrances to Park: 1
Average Lot Size: Mostly Singlewide park, can hold up to 16’s. A few Doubles will fit

Rental Information
Owner Occupied Rent: $220-$230
Rental Unit Rent: – $360-$450
Collection Rate: 99%
Last Rent Increase:
For How Much:

Utilities & Infrastructure Information
Type of Water: Well
Individual Meters: –
Type of Sewer: Treatment Plant
Individual Meters: –
If So Who Reads and Bills: –
Who Owns the Lines: Park
Type of Roads: Asphalt
Who Maintains Roads: Park
On/Off Street Parking: On And Off
Electric Provider:
Amp Service: 100-200
Natural/Propane Gas: Natural

Amenities & Pride of Ownership Info
Amenities & Pride of Ownership Info
Average Age of Homes: 10-25 Years
Group Mailboxes: Yes
Club House: No
Play Ground: No
Laundry: No
Mature Trees: Yes
Basketball Courts: No
Park Rating: B-

Makeup of Area
Where Tenants Work: Toledo area
Largest Employer:
Population: City 12,000, County 37,000
Comments: Seller has almost finished with rehab of homes and bringing homes into the park to fill lots over the past year or so. He has been successful in filling units very quickly. There is strong demand here. Seller also may be willing to guarantee lot rent depending on the offer.