
Confidential Midwest Mobile Home Park
$1,190,000
23
Total Lots
Confidential
State
RC52100277
BOR Number
Active
Status
About This Property
🏡 Stable Cash Flow • High Occupancy • Utility Bill-Back • Value-Add Opportunity
This Indiana Mobile Home Park presents an outstanding opportunity to acquire a well-maintained, high-occupancy manufactured housing community located in the growing Indiana market. Featuring 23 total pads with 100% occupancy, this community offers immediate, dependable cash flow while providing investors with multiple avenues to increase revenue through strategic rent growth and park-owned home optimization.
With municipal utilities, utility bill-back infrastructure already in place, and a strong tenant base, this Mobile Home Park represents a turnkey investment in one of Indiana's most resilient and expanding regional markets.
📍 Property Highlights
🏘 23 Total Mobile Home Pads
📈 100% Occupancy
🏠 2 Park-Owned Homes (POH)
💧 City Water & City Sewer
📊 Metron Sub-Metering Installed
⚡ Direct-Billed Electric & Gas
🗑 Trash Included in Lot Rent
👨💼 On-Site Manager (Receives Free Lot Rent)
💰 Rental Information
🏠 Lot Rent: $400/month
🗑 Trash Included
🏡 Park-Owned Home Rents
• Home #1 – $620/month (All Utilities Included)
• Home #2 – $748/month (All Utilities Included)
💧 Residents reimburse water and sewer usage through the existing Metron sub-metering system, including a $5 monthly administrative fee per resident.
📈 Value-Add Opportunities
✅ Increase below-market lot rents over time
✅ Optimize Park-Owned Home rental rates
✅ Continue maximizing utility reimbursement through existing Metron infrastructure
✅ Improve overall NOI through operational efficiencies
Investment Highlights
- 🏘 High Occupancy Community
- 💵 Immediate Cash Flow
- 💧 City Utilities with Existing Utility Bill-Back Program
- 📈 Built-In Rental Growth Potential
- 🏠 Additional Income from Park-Owned Homes
- 🏭 Located in a Growing Midwest Employment Market
- 🚚 Excellent Regional Access to Major Employment Centers
- 📊 Professionally Positioned for Long-Term Appreciation
Contact the listing broker for a full offering memorandum, financials, and due diligence package.

Jennifer Stein, Broker
Jennifer Stein Real Estate, Inc.
IN LIC #RC52100277


