To deliver the best experience we store cookies on your device. Please accept our Term of Service to continue.

E Cross St, Anderson, IN 46012, USA

$750,000

Drag 'n' drop pictures here, or click to select from computer

Picture of undefined, number 0
Picture of undefined, number 1
Picture of undefined, number 2
Picture of undefined, number 3
Picture of undefined, number 4
Picture of undefined, number 5
Picture of undefined, number 6
Picture of undefined, number 7
Picture of undefined, number 8
Picture of undefined, number 9
Picture of undefined, number 10
Picture of undefined, number 11
Picture of undefined, number 12
Picture of undefined, number 13
Picture of undefined, number 14
Picture of undefined, number 15
Picture of undefined, number 16
Picture of undefined, number 17
Picture of undefined, number 18
Picture of undefined, number 19
Picture of undefined, number 20
Picture of undefined, number 21
Picture of undefined, number 22
Picture of undefined, number 23
Picture of undefined, number 24
Picture of undefined, number 25
Picture of undefined, number 26
Picture of undefined, number 27
Picture of undefined, number 28
Picture of undefined, number 29
Picture of undefined, number 30
Picture of undefined, number 31
Picture of undefined, number 32
Picture of undefined, number 33
Picture of undefined, number 34
Picture of undefined, number 35
Picture of undefined, number 36
Picture of undefined, number 37
Picture of undefined, number 38
Picture of undefined, number 39
Picture of undefined, number 40
Picture of undefined, number 41
Picture of undefined, number 42
Picture of undefined, number 43
Picture of undefined, number 44
Picture of undefined, number 45
Picture of undefined, number 46
Picture of undefined, number 47
Picture of undefined, number 48
Picture of undefined, number 49
Picture of undefined, number 50
Picture of undefined, number 51
Picture of undefined, number 52
Picture of undefined, number 53
Picture of undefined, number 54
Picture of undefined, number 55
Picture of undefined, number 56
Picture of undefined, number 57
Picture of undefined, number 58
Picture of undefined, number 59
Picture of undefined, number 60
Picture of undefined, number 61

Photos of the property

Price $750,000 Metro Anderson, IN # units 18 Doors- Licensed & Pads for 30 NOI or CAP $97,048 (current) Annual 11% CAP Projected NOI $46,800- $148,000 (extra 12 Pads Only) All 30 Projected Cash Flow $187,500-$288,700 (annual) Occupancy 98% of 18 Trailers/RVs Value Add There's also 3 garages that can be rented- 3 car, 2 car, & 1 car that could be a studio unit. As well as a brick 3/1 sfh inside the MHP, with a huge wooden deck outback, that doubles as an office. Also the park is 112,000 sqft, city sewer & water. Utilizing all 30 lots would bring in another $10,000 Monthly Rents!!! FACTS & FEATURES There are 17 trailers currently There are 30 Pads all together There is a sfh 3/1 ($150,000 Value) brick house inside the park (w/deck) lite rehab [mainly updates] Separate House from Entire Lot & SAVE TONS of money on TAXES ***3 Car Garage ***2 Car Garage ***1 Car Garage Multiple Sheds Property Management can be referred Have a contractor that can be referred Owner is willing to stay in the sfh for a couple months OR pay market rents while he stays [which will increase NOI by $14,400] City sewer/water Most tenants are on leases Can do cash for keys & sell all Park-owned trailers to tenants [to only have lot-rent & zero maintenance] With purchase--- a trailer Mover's contact will be provided. [He moves them for $1,000] Can Add additional trailers to additional pads for $60k or less https://docs.google.com/spreadsheets/d/1SZKclffdfGXr1kWr-WfEoucDxw82sX0CWy2xRd6jtK4/edit?usp=sharing (spreadsheet) https://www.dropbox.com/sh/cko2fwsxzqvb84w/AAB2wvyrYpMeoFjraJ9Q44ksa?dl=0 (dropbox link) πŸ“± CALL\TEXT πŸ‘‰ JAMIE FOR MORE πŸ€” INFO OR TOUR! ☏ 317-610-9834