Hello,
Equal Housing Group is offering up for assignment our contract for the purchase of a 24 pad mobile home park in Indiana.
This is a value-add park for a beginning investor to the mobile home space. Significant upside via infill and POH rehab, as well as raising rents to market.
INDIANA 24 PADS – ASSIGNMENT OVERVIEW
Asking Price: $250,000 (includes assignment)
Mobile Home Park Quick Facts
MSA: Richmond, IN Metro Area
Current Sites: 24
Occupied Sites: 10
Park Owned Homes (POH): 14 total (6 occupied)
Water Supply: City
Sewer Supply: City
In-Place CAP Rate: 10.26% CAP
Upside CAP Rate: 21.12% CAP
→ [CLICK HERE] ← to view the assignment overview document.
If you are interested in the assignment, please email me at gabe@greatnorthwesthomebuyers.com or call Equal Housing Group at 253-525-2128.
Best,
Gabe, Jan & Martin