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Property profile & analytics
OFF-MARKET
Estimated value
$2,570,000
Mobile home & RV parks
2250 Cassopolis St Elkhart, IN 46514-5139
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US31-0595032
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1967
Lot
8.82 ac (384,199 SF)
Zoning code
ZO01
APN
20-02-29-426-008.000-027
UPID
US31-0595032
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
-
Poplar's Mobile Home Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.57M
Owner & transaction history
Hh Elkhart LLC · 5 yrs held
Hh Elkhart LLC
since 2020
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
ZO01 · Elkhart, IN
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 Elkhart submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elkhart 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
$2,665,000
ML approach
$3,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.57M
Range $2.31M – $2.83M · ±10% · vs last sale $2.30M (Sep 30 2020)
Last sale anchor
$2.30M
Sep 30 2020
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
$8,678
Tax year 2023
Assessed value
$403,100
Assessed 2023
Previous assessed
$403,100
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$88,200
Assessed improvement
$314,900
Land market value
$88,200
Improvement market value
$314,900
Total market value
$403,100
Applied tax rate
27.0000
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
1967
Heating
NONE
Lot
8.82 ac (384,199 SF)
Zoning code
ZO01
APN
20-02-29-426-008.000-027
UPID
US31-0595032
Jurisdiction
ELKHART
Zoning & alternative use
ZO01 · Elkhart, INZoning ZO01 · permitted uses
ZO01 · Elkhart, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
CHAPTER 151: ZONING CODE
Building & site characteristics
From public records
Year built
1967
Heating
NONE
Lot
8.82 ac
Current owner
From public records · entity-resolved
Hh Elkhart LLC
Entity
Mailing address
PO BOX 340256, AUSTIN, TX 78734-0005
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2024
—
Hh Elkhart LLC
—
Deed
related
$16,550,000 · Starwood Mortgage Capital LLC
Aug 20, 2021
—
Hhelkhart LLC
—
Deed
related
$10,250,000 · Oceanview Life And Annuity Co
Sep 30, 2020
$2,300,000
Hh Elkhart LLC
Poplar Mhp LLC
Warranty Deed
—
Aug 31, 2017
—
Poplar Mhp LLC
Teg Housing LLC
Warranty Deed
—
Aug 23, 2017
—
Poplar Mhp LLC
—
Deed
related
$1,106,250 · Iscm/great America Parkway LLC
Jul 17, 2015
—
Teg Housing LLC
Cassopolis Investors LLC
Warranty Deed
—
—
—
Poplar Mhp LLC
—
Deed Of Trust
related
$1,106,250 · Iscm/great America Parkway LLC
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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