Mobile Home Park with 10
For Sale
Contact for pricing
Pending
1235 Vance Ave, Fort Wayne, IN 46805
Manufactured housing community with city water, sewer service, and resident utility billback arrangements.
Property SizeContact for details
Days on Market142
Property Features for 1235 Vance Ave
General Information
Standard status
Pending
Property subtype
Mobile Home Park
Occupancy
100%
Financials
Asking Price
$599,000
Cap Rate
9.54%
Units
Unit Mix
10 x mobile home rental, 1 x stick-built home
Multifamily Units
11
Additional Details
Utilities to Site
Yes
Listing Agency:
Wisely Commercial Realty
(317) 758-5032
Listed By:
Adam McNeil · License #IN RB16000684
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 8:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wisely Commercial Realty
Investment Insights
Based on property information with market context.
Vance Village is a manufactured housing community with 10 mobile home rentals and one stick-built home. The property is served by city water and sewer, while residents are billed back for water, sewer, and trash expenses. Current occupancy is 100%, and the in-place cap rate is 9.54%.
The community is located at 1235 Vance Avenue in Fort Wayne, Indiana, within Allen County. The offering includes the existing residential income-producing improvements and their current operating configuration.
The community is located at 1235 Vance Avenue in Fort Wayne, Indiana, within Allen County. The offering includes the existing residential income-producing improvements and their current operating configuration.
Key Highlights
- 10 mobile home rentals plus 1 stick‑built home
- 100% current occupancy
- 9.54% in‑place cap rate
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Explore this area
Business Placement
Demographics for 46805, IN
21,138
Population
10,742
Households
2
Avg Household Size
35
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,303
Density / Sq Mi
$50,099
Median Household Income
$37,294
Median Earnings
$858
Median Rent
$131,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Manufactured housing community with city water, sewer service, and resident utility billback arrangements.
Where is this mobile home & rv park located?
The property is located at 1235 Vance Ave Fort Wayne, IN.
What are key features of this property?
This property features: 10 mobile home rentals plus 1 stick‑built home; 100% current occupancy; 9.54% in‑place cap rate
