For Sale
$230,000

705 Landess St Van Buren, IN 46991

11-Unit Mobile Home Park, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
131
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
Mobile home & RV parks, Residential income homes
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

FAQs

What type of property is this?
Mobile home & RV park - 11-Unit Mobile Home Park, High Occupancy
Where is the mobile home & rv park located?
The property is located at 705 Landess St Van Buren, IN.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
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705 Landess St
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