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102 Gaslight Dr
Versailles, IN 47042
Gaslight Village · Multifamily Property For Sale
·
40,500 SF
INVESTMENT HIGHLIGHTS
- Value add opportunity as the park is only 53% occupied
- Located about 30 minutes from two major regional employment centers, Greensburg and Batesville, IN
- Additional income from self-storage facility on the property
- Close to US-50, US-421 and IN-129 for easy highway access
PROPERTY FACTS
| No. Units | 81 | Lot Size | 18.62 AC |
| Property Type | Multifamily | Building Size | 40,500 SF |
| Property Subtype | Manufactured Housing/Mobile Home | Average Occupancy | 53% |
| Apartment Style | Low-Rise | No. Stories | 1 |
| Building Class | C | Year Built | 1972 |
| Zoning | MHP | ||
| No. Units | 81 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 18.62 AC |
| Building Size | 40,500 SF |
| Average Occupancy | 53% |
| No. Stories | 1 |
| Year Built | 1972 |
| Zoning | MHP |
ABOUT 102 GASLIGHT DR , VERSAILLES, IN 47042
The community sits near major thoroughfares US-50, US-421, and IN-129, providing easy access to other larger markets such as Cincinnati (1-hour drive) and Louisville (1.5-hour drive). Greensburg, IN and Batesville, IN are both located roughly 30 minutes from the community and are major manufacturing hubs for the area. Versailles State Park is only a 5-minute drive from the community. Encompassing approximately 5,988 acres, including a 230-acre lake, this state park is the second largest in Indiana and roughly a quarter million people visit per year. Recreational activities at the park include boating, horseback riding, camping, fishing, hiking, mountain biking, bird watching, canoeing, and swimming. Big Oaks National Wildlife Refuge is a nearby 50,000-acre wildlife refuge operated by the U.S. Fish and Wildlife Service. Public use of the refuge is limited to the 4,000 acres on the northeast corner surrounding Old Timber Lake and activities include hunting, fishing, and bird-watching. Perfect North Slopes is a ski resort located 45 minutes from the community that offers skiers 5 chair lifts, 5 carpet lifts, 22 trails, and 2 terrain parks, plus snowtubing. Universities within close proximity to the subject property include Hanover College, University of the Cumberlands, Northern Kentucky University, Purdue University College-Tech, and The University of Cincinnati.
PROPERTY TAXES
| Parcel Number | 69-13-11-100-002.000-014 | Improvements Assessment | $346,200 |
| Land Assessment | $242,800 | Total Assessment | $589,000 |
PROPERTY TAXES
