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1121 IN-46
Batesville, IN 47006
14 Lot Mobile Home Park! · Multifamily Property For Sale
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5,000 SF
Investment Highlights
- 14 Tenant-Owned Mobile Home Lots (Low Maintenance)
- Lot Rents: $360–$390/month
- Zoned B3 – Business Flexibility
- Fully Leased 5,000 sq ft Commercial Pole Barn
- City Water & City Sewer
- Expansion/Development Potential on Vacant Land
Executive Summary
The property is zoned B3 (General Business) with additional vacant land ready for further development, opening the door to a range of development possibilities including storage units (see Permitted Use Table).
The property includes a 5,000 sq ft pole barn, one bay (20%) leased to a contractor for 3-yr term. 80% available for adding tenants (value-add).
Property Facts
| Price Per Unit | $42,500 | Building Class | F |
| Sale Type | Investment | Lot Size | 5.70 AC |
| Sale Condition | Business Value Included | Building Size | 5,000 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1947 |
| Apartment Style | Single-Family Home | ||
| Zoning | B3 - Zoned B3 – Business Flexibility | ||
| Price Per Unit | $42,500 |
| Sale Type | Investment |
| Sale Condition | Business Value Included |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | F |
| Lot Size | 5.70 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Zoning | B3 - Zoned B3 – Business Flexibility |
About 1121 IN-46 , BATESVILLE, IN 47006
Presenting a fully stabilized mobile home park offering immediate cash flow and value-add potential. This 14-lot park is on city water / city sewer and is 100% occupied with all 14 homes as tenant-owned homes. Easy to manage remotely with maintenance guy on site. Lot rents range from $360–$390/month. The property is zoned B3 (General Business) with additional vacant land ready for further development, opening the door to a range of development possibilities including storage units (see Permitted Use Table). The property also includes a 5,000 sq ft pole barn, currently leased to a commercial tenant. Don’t miss this rare opportunity to acquire a high-performing asset with stable occupancy on city water / city sewer, multiple income streams, and room to grow.
Property Taxes
| Parcel Numbers | Improvements Assessment | $258,800 | |
| Land Assessment | $205,900 | Total Assessment | $464,700 |
Property Taxes
