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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Mobile home & RV parks
1113 Indian Crk Trl Garner, NC 27529-9334
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US53-1814578
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1960
Lot
46.48 ac (2,024,669 SF)
Zoning code
RMH
APN
1619.04-61-4801 0071576
UPID
US53-1814578
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Indian Creek Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Indian Creek Mhp LLC · 10 yrs held
Indian Creek Mhp LLC
since 2016
5 recorded transactions
Zoning & alternative use
RMH · Garner, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The RMH manufactured home park district is established to provide for the development of manufactured home parks in which any manufactured home may be located.
Zone name
Manufactured Home Park
General category
OPEN_SPACE
Zone area
74.15 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Garner submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garner submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,884
Tax year 2023
Assessed value
$1,908,990
Assessed 2023
Previous assessed
$1,908,990
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$1,156,490
Assessed improvement
$752,500
Land market value
$1,156,490
Improvement market value
$752,500
Total market value
$1,908,990
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1960
Heating
YES
Stories
1
Rooms
5
Bathrooms
1
Lot
46.48 ac (2,024,669 SF)
Zoning code
RMH
APN
1619.04-61-4801 0071576
UPID
US53-1814578
Jurisdiction
WAKE
Zoning & alternative use
RMH · Garner, NCZoning RMH · permitted uses
RMH · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The RMH manufactured home park district is established to provide for the development of manufactured home parks in which any manufactured home may be located.
Zone name
Manufactured Home Park
General category
OPEN_SPACE
Zone area
74.15 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1960
Heating
YES
Stories
1
Rooms
5
Bathrooms
1
Lot
46.48 ac
Current owner
From public records · entity-resolved
Indian Creek Mhp LLC
Entity
Mailing address
6400 TELEGRAPH RD STE #2000, BLOOMFIELD HILLS, MI 48301-1722
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2017
—
Indian Creek Mhp LLC
—
Grant Deed
related
$118,309,000 · Wells Fargo Bk
Dec 28, 2017
—
Indian Creek Assn LLC
—
Grant Deed
related
$118,309,000 · Wells Fargo Bk
Jul 11, 2017
—
Indian Creek Mhp LLC
—
Loan Modification
related
$3,532,326 · Parlex 5 Ken Finco LLC
Jul 18, 2016
—
Indian Creek Mhp LLC
Bannister & Glover Props LLC
Grant Deed
related
$10,000,000 · Private Individual
—
—
Bannister & Glover Props LLC
—
Deed Of Trust
related
$2,606,000 · Suntrust Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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