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Under Contract

Shady Maple MHC

$37,960/pad

Listing Contacts

Under Contract

Property is under contract
Address 

1001 W 1st St, Rushville, IN 46173

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Date Added
Jan 28, 2025
Days on Market
83 days
Time Since Last Update
19 days

Details

Property TypeMobile Home Park
Investment TypeStabilized
Occupancy84%
Occupancy Date01/28/2025
Units25
Pads25
Lot Size (acres)2.49
IntelligenceINTELLIGENCE
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Marketing Description

Introducing Shady Maple MHC, located at 1001 W 1st Street, Rushville, IN 46507.​ This exceptional property offers a unique investment opportunity with a 25-unit manufactured housing community in Rushville, Indiana.​ Boasting an IN-Place NOI of $82,646 and a stable occupancy rate, this property is primed for growth with great potential for increased rents.​ Conveniently situated just 45 minutes east of Indianapolis.​ The property benefits from city water and sewer services, enhancing their appeal and value.​ The current owner has made significant improvements, setting the stage for the next owner to maximize this property's potential.​ Don't miss out on this lucrative investment opportunity in the thriving Rush County area.​

 

Video of the Property: https://youtu.​be/xs80nMKIgYE?si=KF93Edb5Lu_gFAkd

Investment Highlights

Located only 45 minutes East of Indianapolis

Stabile occupancy with the opportunity to increase rents

City Water & Sewer

Community down the road has lot rent $100 plus higher

Valuation Calculator

Valuation Calculator

Loan Amount
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Annual Debt Service
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Annual Cash Flow
$82,646.00
$6,887.17/mo

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Listing Contacts


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