Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,705,000
Mobile home & RV parks
969 Walkers Rdg Warsaw, IN 46580-1746
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US31-2666462
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1997
Lot
11.15 ac (485,694 SF)
Zoning code
R-3
APN
43-11-15-100-093.000-032
UPID
US31-2666462
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
$7.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.71M
Owner & transaction history
Forest Park Mhc Indiana LLC · 5 yrs held
Forest Park Mhc Indiana LLC
since 2021
Last sale
$7.7M
3 recorded transactions
Zoning & alternative use
R-3 · Warsaw, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Mobile home/manufactured home community shall be permitted in the R-3 zone district, provided that they meet other requirements of this ordinance. w. Mobile home/manufactured home subdivisions shall be permitted in the R-1, R-2 and
Zone name
Single And Multifamily Residential Professional Office District
General category
CIVIC_INSTITUTIONAL
Zone area
416.50 ac
Source
code of ordinances
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
Method
Estimation
Statistic approach
$7,735,000
ML approach
$7,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.71M
Range $6.93M – $8.48M · ±10% · vs last sale $7.69M (May 13 2021)
Last sale anchor
$7.69M
May 13 2021
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
$6,279
Tax year 2023
Assessed value
$301,500
Assessed 2023
Previous assessed
$301,500
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$180,500
Assessed improvement
$121,000
Land market value
$180,500
Improvement market value
$121,000
Total market value
$301,500
Applied tax rate
32.0000
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
1997
Heating
NONE
Lot
11.15 ac (485,694 SF)
Zoning code
R-3
APN
43-11-15-100-093.000-032
UPID
US31-2666462
Jurisdiction
KOSCIUSKO
Zoning & alternative use
R-3 · Warsaw, INZoning R-3 · permitted uses
R-3 · Warsaw, IN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Mobile home/manufactured home community shall be permitted in the R-3 zone district, provided that they meet other requirements of this ordinance. w. Mobile home/manufactured home subdivisions shall be permitted in the R-1, R-2 and
Zone name
Single And Multifamily Residential Professional Office District
General category
CIVIC_INSTITUTIONAL
Zone area
416.50 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Lot
11.15 ac
Current owner
From public records · entity-resolved
Forest Park Mhc Indiana LLC
Entity
Mailing address
31200 NORTHWESTERN HWY, FARMINGTON HILLS, MI 48334-5900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2025
—
Forest Park Mhc Indiana LLC
—
Deed
related
$5,918,000 · Berkeley Point Capital LLC
May 13, 2021
$7,690,000
Forest Park Mhc Indiana LLC
Forest Park Mhc LLC
Warranty Deed
$704,000,000 · Morgan Stanley Bank NA
Feb 26, 2008
—
Pr Investors Services INC
Cbm LLC
Sheriffs Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 969 Walkers Rdg?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
