205 W Marshall St Immeuble residentiel 92 lots 5 750 055 € (62 501 €/Lot) Taux de capitalisation 9,33 % Argos, IN 46501

Introducing COLONIAL COURT MANUFACTURED HOUSING COMMUNITY located at 205 W MARSHALL STREET, ARGOS, INDIANA – a rare investment opportunity in Argos, IN. With 92 fully occupied mobile home sites, this high-quality community boasts city water and sewer services directly billed to residents. The well-maintained property includes 51 park-owned homes with numerous upgrades, offering a seamless transition for the next owner. With a combined IN-Place NOI of $630,053 and a community cap rate of 6.81%, this investment presents stable income potential. In addition, an extra parcel of land is included with the community for added value. Don't miss out on this turnkey investment with a strong occupancy rate of 100% and low expense ratios. The community's recent improvements, including new asphalt on roads and upgraded homes, enhance its appeal. Take advantage of the opportunity to acquire COLONIAL COURT and benefit from a thriving manufactured housing community in a prime location.
Community Video Link: https://youtu.be/509nrHaLuJo
Listing Site: www.wiselycr.com