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Mobile Home Park With Apartments
For Sale
Contact for pricing
Pending

53586 Co Rd 27, Bristol, IN 46507

Community combines resident-owned homes with apartment units and private water and sewer systems.

Property SizeContact for details
Days on Market143

Property Features for 53586 Co Rd 27

General Information

Standard status Pending
Property subtype Mobile Home Park
Occupancy 75%
Net Operating Income $245,057

Financials

Asking Price $2,775,000
Cap Rate 8.83%

Additional Details

Utilities to Site Yes
Multifamily Units 4
Listing Agency: Wisely Commercial Realty
Listed By: Adam McNeil · License #IN RB16000684
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Sep 1 at 1:53AM

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.

Bristol Estates is a mobile home community comprising 72 mobile home sites and 4 apartment units, for a total of 76 units. Occupied homes are owned by the residents, while the property’s infrastructure includes well water and a private sewer system. The asset has an in-place occupancy of 75% and an 8.83% in-place cap rate.

The community is located on the east side of Bristol in Elkhart County, Indiana. Its configuration combines manufactured housing sites with multifamily units within one operating property, providing a mix of site-based and apartment accommodations.

Key Highlights

  • 72 mobile home sites and 4 apartment units
  • 76 total units with 75% occupancy
  • Occupied homes are owned by residents

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service Plumbing Service

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

4
Residential units
75%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 46507, IN

9,371
Population
3,966
Households
2.4
Avg Household Size
41
Median Age
20%
College-Educated
90%
High-School Grad
40.4 sq mi
ZIP Area
232
Density / Sq Mi
$88,510
Median Household Income
$40,929
Median Earnings
$1,065
Median Rent
$231,300
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 - Community combines resident-owned homes with apartment units and private water and sewer systems.
Where is this mobile home & rv park located?
The property is located at 53586 Co Rd 27 Bristol, IN.
What are key features of this property?
This property features: 72 mobile home sites and 4 apartment units; 76 total units with 75% occupancy; Occupied homes are owned by residents
(317) 758-5032 Call to check price and availability
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