Off Market Assignment - Portage, IN

If you are interested in purchasing the property please email Please include brief bio and background. This park is not ideal for a first time purchaser. Please inquire if you are experienced professional mobile home park owner/investor only.

Glenwood Springs Mobile Home Park – Portage, Indiana

Total pads 144

Occupied tenants 53

Empty pads 51

Empty homes 7

Homes to be removed 28

Home rental 1

Apartment rental 1

Lot Rent : $390/ month

City Water and Sewer

Purchase Price - $1,150,000 plus assignment fee (Assignment price still to be determined)

This property has significant upside for new ownership.

Brief potential business plan.

-Removal of 28 homes

-Submeter and billback water to residents

-Enforce Collections and Rules Violations

-Infill vacant lots (Market seems ideal for 21st mortgage C.A.S.H. Program)

-Professional Management in place

Portage, Indiana (Market Stats)

POPULATION GROWTH 1.5% since 2010
CRIME IN CITY Portage violent crime is 11.2. (The US average is 22.7)
UNEMPLOYMENT RATE Portage property crime is 32.6. (The US average is 35.4) Portage property crime is 32.6. (The US average is 35.4)
METRO AREA Chicago-Naperville-Elgin Metro Area
PARK PHOTOS AND VIDEOS Dropbox - Glenwood Springs MHP - Simplify your life