Manufactured Housing
For Sale
Contact for pricing
1552 N Boatman Rd, Scottsburg, IN 47170
Approved for 75 sites, with 54 developed and 34 occupied paying, plus 19 park-owned homes included.
Property SizeContact for details
Days on Market122
Property Features for 1552 N Boatman Rd
General Information
Standard status
Active
Property subtype
Mobile Home Park
Occupancy
80%
Financials
Cap Rate
8.01%
Business Included
Yes
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 11
Changed: Aug 8
Last Checked: Jul 21 at 3:50AM
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.
Jackson Heights is a manufactured housing community approved for 75 sites, with 54 developed. Of the developed sites, 34 are occupied and paying, supporting an economic occupancy of 63% and a physical occupancy of 80%. The purchase includes 19 park-owned homes, nine of which are currently vacant and may be renovated and rented.
The community is supplied with city water. The sewer is provided via a private lagoon.
This is a for-sale offering near Scottsburg, Indiana, with 54 developed sites and 75 total approved sites. The remaining park-owned homes and currently vacant units offer an owner the opportunity to stabilize and improve on the existing site mix.
The community is supplied with city water. The sewer is provided via a private lagoon.
This is a for-sale offering near Scottsburg, Indiana, with 54 developed sites and 75 total approved sites. The remaining park-owned homes and currently vacant units offer an owner the opportunity to stabilize and improve on the existing site mix.
Key Highlights
- Manufactured housing community approved for 75 sites, with 54 developed and 34 occupied paying sites
- 19 park‑owned homes included; 9 are vacant for a new owner to renovate and rent
- In‑place NOI is $103,689 with an 8.01% in‑place cap rate; proforma NOI is $198,762 with a 15.35% proforma cap rate
Property Analytics
Current Use
Lease Details
80%
Occupancy
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 47170, IN
14,877
Population
6,313
Households
2.4
Avg Household Size
41
Median Age
13%
College-Educated
83%
High-School Grad
146.3 sq mi
ZIP Area
102
Density / Sq Mi
$57,661
Median Household Income
$41,603
Median Earnings
$831
Median Rent
$148,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Approved for 75 sites, with 54 developed and 34 occupied paying, plus 19 park-owned homes included.
Where is this mobile home & rv park located?
The property is located at 1552 N Boatman Rd Scottsburg, IN.
What are key features of this property?
This property features: Manufactured housing community approved for 75 sites, with 54 developed and 34 occupied paying sites; 19 park‑owned homes included; 9 are vacant for a new owner to renovate and rent; In‑place NOI is $103,689 with an 8.01% in‑place cap rate; proforma NOI is $198,762 with a 15.35% proforma cap rate
