Kotohomes Logo
Kotohomes partnered with:
Spencer Evening World
For Sale For Rent
Advertise
bedrooms
bedrooms
14
bathrooms
bathrooms
14
square feet
square feet
5,000
acreage
Acreage
5.7
open houses
Open Houses
-
year built
year built
-
full baths
Full Baths
14
half baths
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
open houses Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Craig Dohman, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

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.   [source]
Last update: Friday, May 2 2025 at 6:19 p.m. EDT
Kotohomes National