Properties for Sale

# 301 - Southern, Indiana, United States

Basic Details
Property Type : Mobile Home Community
Ref ID : # 301
Owner Occupied : 5
Price : $625,000
Number of Vacant Lots : 0
Total Number of Sites : 36
Rentals : 23
Listing Type : Sold
Number of Vacant Units : 6
Address Map
Country : US
State : IN
City : Southern
Property Description

Community Information
Total Acres: 4.5
Unused Acres: 0
Traditional Occupancy Rate: 90%
Is Manager Onsite: Yes
Number of Entrances to Park: 1
Average Lot Size: most lots can hold up to a 16×80

Rental Information
Owner Occupied Rent: $215-$225
Rental Unit Rent: $325-$600
Collection Rate: 95%
Last Rent Increase: 2015
For How Much: $10

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: Duke
Amp Service: 100-200
Natural/Propane Gas: Natural
Amenities & Pride of Ownership Info

Amenities & Pride of Ownership Info
Average Age of Homes: 20Years
Group Mailboxes: Yes
Club House: No
Play Ground: No
Laundry: No
Mature Trees: Some
Basketball Courts: No
Park Rating: C+

Makeup of Area
Where Tenants Work:
Largest Employer:
Population: 30,000
Comments: Half hour from Louisville, KY. Park has had stable occupancy for current owner.