Here's a great opportunity to take over a cash-flowing 11 unit mobile home park on 2.78 acres. With two tenant owned homes, 9 parked own homes, a 91% physical occupancy rate, and average rents of over $415/month this could be a great addition to your portfolio or a nice sized park to get into the Mobile Home Park space. The park has two wells, individual septic systems, and a garage for storage. With a handful of longer term tenants and hassle free utilities this park can make for a great income producer from the start.
Off market
Zestimate®
$595,500
4684 N State Route 25, Rochester, IN 46975
21beds
9,010sqft
Other
Built in 2011
-- sqft lot
$595,500 Zestimate®
$66/sqft
$1,263 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 21
- Bathrooms: 9
- Full bathrooms: 9
Heating
- Forced air, Gas
Cooling
- None, Central, Other
Appliances
- Included: Range / Oven, Refrigerator
- Laundry: Washer/Dryer Hookups
Features
- Other
- Basement: Concrete
Interior area
- Total interior livable area: 9,010 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 22
Features
- Exterior features: Vinyl
Lot
- Size: 2.78 Acres
- Features: Rural, 0 to 2.9999 Acres
Details
- Parcel number: 250322200004.022066
- Zoning: County Zoning(C1)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Condition
- Year built: 2011
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Rochester
HOA & financial
Other financial information
- Total actual rent: 30861
Other
Other facts
- Sewer: Septic Tank
- Heating: Forced Air, Natural Gas
- WaterSource: Well
- Appliances: Range/Oven, Refrigerator
- HeatingYN: true
- CoolingYN: true
- StructureType: Detached
- TenantPays: Cable TV, Electricity, Grounds Care, Heating, Fuel
- LeaseTerm: 12 Months, Month To Month
- ConstructionMaterials: Vinyl Siding
- OwnerPays: Trash Collection, Water, Taxes, Snow Removal, Maintenance
- NumberOfUnitsTotal: 9
- Cooling: Window Unit(s), Central Air, Other
- PetsAllowed: Yes
- FarmLandAreaUnits: Square Feet
- TrashExpense: 0
- WaterSewerExpense: 0
- LotFeatures: Rural, 0 to 2.9999 Acres
- PropertySubType: Other
- Basement: Concrete
- ParkingFeatures: Off Street
- InteriorFeatures: Other
- BelowGradeFinishedArea: 0
- NumberOfUnitsLeased: 9
- Flooring: Mixed
- InsuranceExpense: 1745
- OtherExpense: 0
- LaundryFeatures: Washer/Dryer Hookups
- MlsStatus: Cont-AccptngBackupOffers
- ElectricExpense: 3335
- FuelExpense: 3335
- GrossIncome: 2572
- MaintenanceExpense: 4294.24
- Zoning: County Zoning(C1)
- NetOperatingIncome: 17154.26
- TotalActualRent: 30860.5