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999 W 650 N La Porte IN 46350

[Locked] • APN 460236100005000062

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Details
Property Type Mobile Home Park
Sub Type Apartment Building
Lot SqFt 464,251
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code R3A
Year Built 1972
Building Count 50
Opportunity Zone No
Sale NOI ******
Sale Cap Rate ******
Sold Price per Acre ******
Tax Year ******
Tax Land ******

Property History

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Property Type
Property Type
Mobile Home Park
Marketing Description

Wisely Commercial Realty is pleased to offer for sale Woodberry MHC located just north of La Porte, Indiana. Woodberry MHC consists of 49 approved home spaces situated on 11 acres of land. The property is serviced by well water and a waste treatment plant. The community is currently vacant.

The Current owner sold the property in 2020, the Buyer had issues with his partners and were unable to execute the business plan. The previous Buyer just recently signed the park back over to the Seller. This provides a blank slate for a new owner to come in and turn this property around.

Community Video from 2020: https://youtu.be/5KNzwTs-Ktw

Investment Highlights

REO, Seller recently foreclosed on the Note

Blank slate for a new operator to come in and turn the community around

Great location in NW Indiana

Property Type
Property Type
Mobile Home Park
Asking Details
Asking Cap Rate
******
Marketing Description
Wisely Commercial Realty is pleased to offer for sale Woodberry MHC located just north of La Porte, Indiana. Woodberry MHC consists of 49 approved home spaces situated on 11 acres of land. The property is serviced by well water and a waste treatment plant. The community is priced at a very attractive cap rate and over 30 homes are included in the sale. A new operator has the ability to renovate the vacant park owned homes and bring in homes and fill the vacant sites.


Woodberry Video: https://youtu.be/5KNzwTs-Ktw

Investment Highlights
  • Seller Financing Available to Qualified Buyers
  • New operator has the ability to increase rents
  • Opportunity to Increase Occupancy By Renovating Homes & Bringing in Homes

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Zoning

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A AgricultureAgriculture
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View all 48 uses
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Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics

Property Details

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Contacts

Sold on
 BY:
AM
Adam McNeil PRO
•••.•••.8339
••••neil@••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: LA Porte, In.
LA Porte, In median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
LA Porte, In (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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