Properties for Sale

# 316 - Northeast, Indiana, United States

Basic Details
Property Type : Mobile Home Community
Age of Community : 30-40 Years
Ref ID : # 316
Owner Occupied : 169
Price : $5,730,000
Number of Vacant Lots : 132
Total Number of Sites : 473
Rentals : 156
Listing Type : Sold
Number of Vacant Units : 15
Address Map
Country : US
State : IN
City : Northeast
Property Description

Community Information
Total Acres: 40
Unused Acres: 0
Traditional Occupancy Rate: 75%
Is Manager Onsite: Yes
Number of Entrances to Park:
Average Lot Size: Majority are Singlewide Lots, Some Doublewides. Good lot sizes on most lots however

Rental Information
Owner Occupied Rent: $245-$270
Rental Unit Rent: $325-$575
Collection Rate: 95%
Last Rent Increase: –
For How Much: –

Utilities & Infrastructure Information
Type of Water: City
Individual Meters: No
Type of Sewer: City
Individual Meters: No
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: Indiana Michigan Power
Amp Service: 100-200
Natural/Propane Gas: Natural

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

Makeup of Area
Where Tenants Work:
Largest Employer:
Population: City- $10,000, County 50,000
Comments: This is a 3 park package. They are 3 neighboring properties located 30 minutes from Fort Wayne and 30 minutes from Angola. All of the parks are on city/city but not metered. A good number of vynle/shingle homes.