Properties for Sale

# 306 - Eastern/Central, Indiana, United States

Basic Details
Property Type : Mobile Home Community
Ref ID : # 306
Price : $475,000
Number of Vacant Lots : 29
Total Number of Sites : 86
Listing Type : For Sale
Number of Vacant Units : 0
Unused Acres : 0
Address Map
Country : US
State : IN
City : Eastern/Central
Property Description

Community Information
Total Acres: 14
Unused Acres: 0
Traditional Occupancy Rate: 75%
Is Manager Onsite: Yes
Number of Entrances to Park: 2
Average Lot Size: Mostly singlewide parks

Rental Information
Owner Occupied Rent: $100-$140
Rental Unit Rent: 425
Collection Rate: 90%
Last Rent Increase:
For How Much:

Utilities & Infrastructure Information
Type of Water: City
Individual Meters: 1 Park
Type of Sewer: City
Individual Meters: 1 Park
If So Who Reads and Bills: Sub metered at 1 park, park reads
Who Owns the Lines: Park
Type of Roads: Asphalt
Who Maintains Roads: Park
On/Off Street Parking: On And Off
Electric Provider: Midwest Energy
Amp Service: 100
Natural/Propane Gas: Propane

Amenities & Pride of Ownership Info
Average Age of Homes: 30Years
Group Mailboxes: Yes
Club House: No
Play Ground: No
Laundry: No
Mature Trees: Yes
Basketball Courts: No
Park Rating: C

Makeup of Area
Where Tenants Work:
Largest Employer:
Population: City- $13,000, County 24,000
Comments: 1 park is sub metered, the other is not we would suggest metering other park. Long time owner passed away a couple of years ago, the son has been managing however has a full time job and is not able to focus on the parks as most owners would. Park is in need of new ownership.