827 Sycamore Street, Rockport, IN 47635

$448,000

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Property Description

Income-producing mobile home and RV park investment opportunity in Rockport, IN. This property offers 27 total lots, including 5 undeveloped lots along Hwy 66 that may provide future expansion potential or possible separate commercial use, subject to buyer verification and any needed approvals. The remaining 22 lots are occupied and/or ready with utility hook-ups on-site for new homes to be installed. Seller owns the lots only; no trailers are park-owned or included in the sale. Each pad has separate electric, water, and sewer hookups, with utilities billed directly to residents. Current lot rent is $250/month, and many residents are long-term. Park rules contract with tenants and not lease agreements. Recent improvements include updated electric pedestals, several RV electric hookups, and ongoing maintenance- primarily lawn care and planned removal of a couple trailers. Trailer and RV maintenance is tenant's responsibility. This makes this a straightforward park to operate with minimal responsibilities. Rent rolls for the last 2 years are available for review.

Listing courtesy of Kimberly Clark from eXp Realty, LLC. Cell: 812-449-2119

IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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