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4664 Indiana 25 - Newcastle Township Mobile Homesites 9 Acres of Residential Land Offered at $499,000 in Rochester, IN 46975

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INVESTMENT HIGHLIGHTS

  • Over 30 lots available for rent.
  • Quiet rural location.

EXECUTIVE SUMMARY

New infrastructure and permits exist now to bring this park to maximum occupancy and efficiency. 6 trailers and 2 lots currently rented out. 8 more empty lots ready to rent now and more on the way. Original footprint allows for 32 lots. 21 on east section and 11 on the west half.

ATTACHMENTS

549 Report
Cash Flow Narrative

PROPERTY FACTS

Price $499,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Manufactured Homes or Mobile Home Park
Total Lot Size 9.00 AC
Zoning Mobile Home Park - The permits are available to fill up this park again with tenants. Many lots available.

1 LOT AVAILABLE

Lot

Price $499,000
Price Per AC $55,444.44
Lot Size 9.00 AC

Rare Investment Opportunity! Known as Newcastle Township Homesites, this long standing trailer park has been revitalized, restored, and loved for the past 5 years. This is two neighboring parks brought together and brought back to life.

DESCRIPTION

Located on St Rd 25 close to Rochester and Warsaw Indiana. One owner has joined 2 parks and brought them back up to speed with permits.

  • Listing ID: 34925274

  • Date on Market: 2/24/2025

  • Last Updated:

  • Address: 4664 Indiana 25, Rochester, IN 46975

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