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687 11Th St NW Linton, IN 47441

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

Property Features for 687 11Th St NW

General Information

Standard status
Active

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Listing Contact
Phillip Li
Source: Crexi

Listing Agency: eXp Commercial Listing Agent: Phillip Li

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Stabilized Mobile Home Park Investment

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.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Linton
County
Greene
State
Indiana
Longitude
-87.153924
Latitude
39.039922

FAQs

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 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.**
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