205 W MARSHALL ST Argos IN 46501-1173

Introducing an exceptional investment opportunity at COLONIAL COURT located at 205 W MARSHALL STREET, ARGOS, INDIANA. This manufactured housing community offers 92 mobile home sites meticulously maintained and upgraded by the current owner. Boasting a solid 99% occupancy rate, with 43 park-owned homes included, this property generates a combined IN-Place NOI of $628,736. Situated in a prime location with city water and sewer services, residents are directly billed for water, sewer, and trash, ensuring the community operates at a low expense ratio. The addition of an extra parcel of land further enhances the investment potential of this property. Don't miss this opportunity to own a high-quality manufactured housing community with strong income-generating potential. Contact us for more details on this lucrative investment at COLONIAL COURT, ARGOS, INDIANA.

Community Video Link: https://youtu.be/509nrHaLuJo

• High Quality Community

• 43 Park Owned Homes Included

• City Water & Sewer Direct Billed

• 99% Occupied Community