705 Landess StVan Buren, IN 46991

For Sale
$230,000

11-Unit Mobile Home Park, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
90
This established 11-unit mobile home park presents a compelling value-add investment opportunity in Van Buren, Indiana. Located on a 3.07-acre lot (APN: 27-01-16-103-007.000-030), the property boasts 100% occupancy across its 11 buildings and 13 available pads, offering immediate cash flow and potential for expansion. The park is zoned R-1 (Residential) and benefits from its convenient location, just one mile from Interstate 69 via State Road 5, ensuring easy access for residents and potential future growth. Situated near the world-renowned Pop Weaver Popcorn Company, the property enjoys a unique connection to the "Popcorn Capitol of the World," a town known for its annual Popcorn Festival and strong community identity. This turnkey operation provides a solid foundation for an investor seeking a stable, income-generating asset with significant upside potential. The property's existing infrastructure and ample space for expansion make it an attractive proposition for both seasoned investors and those new to the mobile home park market. The asking price is $230,000. This is a Class C property.

Highlights

  • Excellent investment opportunity: established 11-unit mobile home park in Van Buren, IN.
  • 13 sites, with expansion potential on a 3.07-acre lot (APN: 27-01-16-103-007.000-030).
  • Prime location: one mile from I-69 via SR 5.
  • Adjacent to Pop Weaver Popcorn Company. $230,000 asking price.

Property Details for 705 Landess St

Property type
Multifamily properties, Mobile home & RV parks
Class
C
Buildings
11
Lot Size (sq. ft)
133,729 SF
Units
11

Location Insight

City
Van Buren
County
Grant
State
Indiana
Latitude
40.619543931918
Longitude
-85.512029659006
705 Landess St, Van Buren, Indiana

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705 Landess St
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