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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
2854 Lk City Hwy Warsaw, IN 46580
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-1792133
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1971
Lot
6.24 ac (271,814 SF)
Zoning code
COMME
APN
43-11-14-200-247.000-031
UPID
US31-1792133
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Neighbors Of Timber Creek Estates L · 4 yrs held
Neighbors Of Timber Creek Estates L
since 2022
4 recorded transactions
Zoning & alternative use
COMME · Warsaw, 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 Warsaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Warsaw 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$8,441
Tax year 2023
Assessed value
$543,500
Assessed 2023
Previous assessed
$543,500
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$285,500
Assessed improvement
$258,000
Land market value
$285,500
Improvement market value
$258,000
Total market value
$543,500
Applied tax rate
31.0000
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
1971
Heating
NONE
Lot
6.24 ac (271,814 SF)
Zoning code
COMME
APN
43-11-14-200-247.000-031
UPID
US31-1792133
Jurisdiction
KOSCIUSKO
Zoning & alternative use
COMME · Warsaw, INZoning COMME · permitted uses
COMME · Warsaw, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Lot
6.24 ac
Current owner
From public records · entity-resolved
Neighbors Of Timber Creek Estates L
Individual
Mailing address
606 N SAGINAW ST STE A, LAPEER, MI 48446-4000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
—
Neighbors Of Timber Creek Estates L
Timber Creek Estates LLC
Correction Deed
related
—
Mar 8, 2022
—
Neighbors Of Timber Creek Estates L
Timber Creek Estates LLC
Intrafamily Transfer
related
$975,000 · Sterling Federal Bank Fsb
Aug 11, 2021
—
Timber Creek Estates LLC
—
Deed
related
$913,710 · 1st Source Bank
Jun 21, 2017
—
Timber Creek Estates LLC
—
Deed
related
$412,968 · 1st Source Bank
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.
Try Rey
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