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Colonial Court Mobile Home Park
For Sale
Contact for pricing
Pending

205 West Marshall Street, Argos, IN 46501

Manufactured housing community with city utilities and consistently strong resident occupancy.

Property SizeContact for details
Days on Market412

Property Features for 205 West Marshall Street

General Information

Standard status Pending
Class B
Property subtype Mobile Home Park
Zoning Mobile Home Park
Occupancy 99%
Investment Type Stabilized
Net Operating Income $628,736

Additional Details

Utilities to Site Yes
Multifamily Units 43

Building Details

Buildings 1
Listing Agency: Wisely Commercial Realty
Listed By: Adam McNeil · License #IN RB16000684
Source: Crexi
Added: Jul 15, 2025 Changed: Aug 30 Last Checked: Aug 30 at 8:10AM

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.

Colonial Court is a manufactured housing community with 92 mobile home sites and 43 park-owned homes. The current ownership has completed maintenance and upgrades across the community, which reports 99% occupancy. The property is zoned Mobile Home Park and includes an additional parcel of land.

Residents are billed separately for water, sewer, and trash. City water and sewer serve the community, supporting established utility infrastructure at the property. Colonial Court is located at 205 West Marshall Street in Argos, Indiana.

Key Highlights

  • 92 mobile home sites
  • 43 park‑owned homes included
  • 99% occupancy

Property Analytics

Current Use

Colonial Court Mobile ... Campground & RV Park

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Building Supply Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

43
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

121
Businesses Nearby

Demographics for 46501, IN

3,891
Population
1,595
Households
2.4
Avg Household Size
38
Median Age
11%
College-Educated
84%
High-School Grad
71.0 sq mi
ZIP Area
55
Density / Sq Mi
$62,721
Median Household Income
$39,514
Median Earnings
$947
Median Rent
$146,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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 utilities and consistently strong resident occupancy.
Where is this mobile home & rv park located?
The property is located at 205 West Marshall Street Argos, IN.
What are key features of this property?
This property features: 92 mobile home sites; 43 park‑owned homes included; 99% occupancy
(317) 758-5032 Call to check price and availability
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