bedrooms
14
bathrooms
14
square feet
5,000
Acreage
5.7
Open Houses
-
year built
-
Full Baths
14
Half Baths
0
Turnkey Mobile Home Park Investment – 100% Leased Mobile Home Park with Value-Add Potential. Presenting a fully stabilized mobile home park offering immediate cash flow and value-add potential. This 14-lot park is on city water / city sewer and is 100% occupied with all 14 homes as tenant-owned homes. Easy to manage remotely with maintenance guy on site. Lot rents range from $360–$390/month. Annual Gross Income is $76,523.81; Net Operating Income is $48,994.77. Selling at a 9.16% CAP. The property is zoned B3 (General Business) with additional vacant land ready for further development, opening the door to a range of development possibilities including storage units (see Permitted Use Table). The property also includes a 5,000 sq ft pole barn, currently leased to a commercial tenant. Don’t miss this rare opportunity to acquire a high-performing asset with stable occupancy on city water / city sewer, multiple income streams, and room to grow.
Location | |
Subdivision | None |
County | Ripley County |
Elementary School | Batesville Intermediate |
Middle School | Batesville |
High School | Batesville |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 202515671
Listing agent:
Craig Dohman
#RB17001882
Listing broker:
Century 21 Scheetz
(317) 844-5111
Copyright © 2025 Bloomington MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, May 2 2025 at 6:19 p.m. EDT
Kotohomes National