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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
0
acreage
Acreage
11.35
open houses
Open Houses
-
year built
year built
1977
full baths
Full Baths
0
half baths
Half Baths
0
Picturesque 11.35 Acre mobile home community, offering positive cash flow and room to grow. The property features 42 sites, 11 tenant owned mobile homes, the remaining homes are rentals with a few rehab projects. Yielding a 9% cap rate currently and could easily be increased to 12% with little initial investment. There is a high need for affordable housing options in Wabash County. The park has recently switched management to a current tenant for better on-site management. There is excess unused acreage on the property that can be converted into additional mobile home lots or other uses. The units are serviced by a well which had a new pump installed recently. There is also a wastewater treatment plant for the park.
Location
Subdivision None
County Wabash County
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 202502913
Listing agent: Nicole Harrison #RB21001486
Listing broker: Keller Williams Realty Group (260) 460-7707
Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, 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: Thursday, January 30 2025 at 6:07 p.m. EST
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