Log In/Sign Up
Your email has been sent.
325 E Cross St
Anderson, IN 46012
Shady Rest MHP · Multifamily Property For Sale
·
20,000 SF
Investment Highlights
- Licensed for 30 mobile homes
- Utilities are not yet billed back, which presents an opportunity to lower expenses
- Currently has 7 vacant lots which, if filled with homes, would bring in an additional $7,000 monthly
- Rent is currently below market value
Executive Summary
Jennifer Stein Real Estate, Inc. in conjunction with MHP Brokerage is pleased to present for sale Shady Rest Mobile Park—a unique investment opportunity featuring a 24-unit mobile home park accompanied by a single-family residence. Situated on a spacious 2.58-acre lot, this property offers significant potential for both immediate income and future growth.
Property Facts
| Price Per Unit | $54,160 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 2.58 AC |
| Cap Rate | 11.19% | Building Size | 20,000 SF |
| No. Units | 25 | Average Occupancy | 70% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built/Renovated | 1970/2000 |
| Apartment Style | Garden |
| Price Per Unit | $54,160 CAD |
| Sale Type | Investment |
| Cap Rate | 11.19% |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.58 AC |
| Building Size | 20,000 SF |
| Average Occupancy | 70% |
| No. Stories | 1 |
| Year Built/Renovated | 1970/2000 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Property Taxes
| Parcel Number | 48-11-01-101-005.000-003 | Improvements Assessment | $161,687 CAD |
| Land Assessment | $28,066 CAD | Total Assessment | $189,753 CAD |
Property Taxes
Parcel Number
48-11-01-101-005.000-003
Land Assessment
$28,066 CAD
Improvements Assessment
$161,687 CAD
Total Assessment
$189,753 CAD
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
