1539 600, Peru, IN 46970
- Mobile home & RV parks
- 7.35 lot acres
Current Use by Public Records
- Kings Court Mobile Home Park / Campground & RV Park
Property Details for 1539 600
- Lot size
- 7.35 lot acres
- Property type
- Mobile home & RV parks
Description
This exceptional investment opportunity consists of a two-park portfolio totaling 44 pads situated on 7.35 acres in Peru and Bunker Hill, Indiana. The property boasts a strong 8.33% capitalization rate and a current Net Operating Income (NOI) exceeding $125,000 annually. Currently operating at 64% occupancy, this portfolio presents a significant value-add opportunity with potential for increased revenue through improved occupancy. The parks benefit from an on-site manager and a pet and smoking-free policy. Strategically located near Grissom Joint Air Reserve Base, the property is situated in a desirable area of Miami County, approximately 73 miles north of Indianapolis. The asking price for this income-generating asset is $1,500,000. This portfolio offers a compelling combination of stable income, growth potential, and a desirable location, making it an attractive investment for discerning buyers. Detailed financial statements are available upon request.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Peru
- County
- Miami
- State
- Indiana
- Longitude
- -86.1022774
- Latitude
- 40.6776906
