Off-Market Park in Columbus, IN - 33 lots

mobile home university
1

Value-add park in Colombus, IN for assignment!

In addition to a below-market lot rent, utilities are currently all paid by the park presenting an opportunity for direct billing or billing back. Property also comes with a single-family home and large garage that can both be rented out as well.

Leave your email if you’d like more details!

• Purchase Price: $940,000
• Initial Capitalization Rate: 8.25%
• Stabilized Cash-On-Cash Return: 23.7%
• Current Gross: $130k/yr.
• Current Net: $90k/yr. (30% expense ratio)
• Lots: 33 (33 occ.)
• Lot Rent: $280 (Market $350+)
• POH: 0
• Water: City
• Sewer: City
• Flood Zone: No
• Opportunity Zone: No

2 Likes
2

Hi Tyler,
Please send me the financial docs of this park at hailegeol@yahoo.com

Thanks,

Haile Betemariam
Black Lion Realty, LLC

3

mhpquestion@yahoo.com

4

Tyler. I am in Columbus Indiana and would be interested if the property is still available.
Dipeshsitaram@gmail.com

Thanks

5

Please send me more information. Maxcasey33@gmail.com

7

Hi Tyler,

Is this park still available? Please reach out to me at kumarinvestments04@gmail.com

Thanks

8

Hi Tyler,

If still available, please send me the details for this park at calebarnold11gmail.com

Thank you.

9

INTERESTED
mhpquestion@yahoo.com

10

Interested please email to sales
@ryansci.com

11

Is this still available?
Mendelspalter@gmail.com