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Stabilized Mobile Home Park Investment
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687 11th St NW, Linton, IN 47441

11-unit mobile home park with upside potential in Linton, Indiana.

Property SizeContact for details
Days on Market193

Property Features for 687 11th St NW

General Information

Standard status Active
Property subtype Mobile Home Park
Occupancy 81%
Investment Type Stabilized
Net Operating Income $64,361

Building Details

Units 11
Listing Agency: eXp Commercial
Listed By: Phillip Li · License #2563988
Source: Crexi
Added: Jan 30 Changed: Aug 8 Last Checked: Aug 8 at 3:22PM

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 eXp Commercial

Investment Insights

Based on property information with market context.

Linton Rentals is an 11-unit mobile home park located in Linton, Indiana. The community is a stabilized asset consisting of nine occupied park-owned homes and two vacant lots with full infrastructure in place. There is also an on-site barn/shed that is currently unoccupied, offering potential for additional storage rental income. Average park-owned home rents are approximately $900 per month. The property is serviced by city water and city sewer, with all utilities direct billed to tenants. The investment strategy for this community involves a light value-add approach, including infilling the two vacant lots, implementing modest rent increases to market levels, and maintaining the property’s low-maintenance operating profile. An additional value-add opportunity exists through gradually selling park-owned homes to tenants, transitioning the community toward tenant ownership and further simplifying long-term management and maintenance responsibilities. The city handles snow plowing for internal streets, and tenants are responsible for common area upkeep, keeping ongoing expenses minimal. A new investor has the opportunity to acquire a stabilized, easy-to-manage mobile home park that delivers in-place cash flow with clear upside through rent growth, infill of vacant lots, and optional home sales. This offering is well suited for investors seeking a simple, low-maintenance asset with strong long-term income potential supported by continued demand for affordable housing.

Key Highlights

  • Stabilized 11‑unit mobile home park with in‑place cash flow.
  • Upside potential through rent increases ($75-$100 below market).
  • Two vacant lots with full infrastructure ready for immediate infill.**

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Real Estate Agency 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.

Location Intelligence

Trade Area within ½ mile

175
Businesses Nearby

Demographics for 47441, IN

8,972
Population
4,327
Households
2.1
Avg Household Size
43
Median Age
14%
College-Educated
88%
High-School Grad
65.8 sq mi
ZIP Area
136
Density / Sq Mi
$49,496
Median Household Income
$31,607
Median Earnings
$754
Median Rent
$116,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - 11-unit mobile home park with upside potential in Linton, Indiana.
Where is this mobile home & rv park located?
The property is located at 687 11th St NW Linton, IN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Stabilized 11‑unit mobile home park with in‑place cash flow.; Upside potential through rent increases ($75-$100 below market).; Two vacant lots with full infrastructure ready for immediate infill.**
More about this property
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