1121 State Road 46 West

Batesville IN 47006

5000 sq. ft.

248292 sq. ft.

Other

Currently for sale - view listing

Overview

Presenting a fully stabilized mobile home park, the new owner of Wagner’s Mobile Home Park will receive immediate cash flow with value-add potential. This 14-lot park is on city water / city sewer and is 100% occupied with all 14 homes as tenant-owned homes. Easy to manage remotely with maintenance guy on site. Lot rents are at $400/month. The property is zoned B3 (General Business) with additional vacant land ready for further development, opening the door to a range of development possibilities including storage units (see Permitted Use Table). The property includes a 5,000 sq ft pole barn, one bay (20%) leased to a contractor for 3-yr term. 80% available for adding tenants (value-add).

Features

14 bedrooms

14 bathrooms

5000 sq. ft. floor area

248292 sq. ft. lot size

Other

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