Commercial Real Estate in 46970

Located 2 miles to Hwy. 31; one block from Hwy 24

Former Schneider Electric | Square D Manufacturing plant. Good Access to Hwy 24 and US 31. ± 8 acres ± 10,275 SF office Heavy power Dock + drive-in loading Ample parking (expandable) Clean + well-maintained facility Fully secured: perimeter fencing, security gates + guard shacks Trailer parking available

Peru is a city in, and the county seat of, Miami County, Indiana, United States. The population was 11,417 at the 2010 census, making it the most populous city in Miami County. The subject consists of two mobile home parks with the following addresses: Sherwood MHP: 906 West Main Street and Bourne End MHP: 3 Wycombe Drive. Two mobile home parks with a total of 103 pads. All public utilities. Two maintenance personnel for both parks. Sherwood may offer a real estate play because of it’s strategic location. Sherwood Mobile Home Park consists of 48 pads. All public utilities. No Section 8. No double-wides. 18 total occupied units. Two of these tenants rent fixer uppers and pay only the lot rent which is $220 + $45 for water for a total of $265. Three tenants own the home via land contract and pay $390 per month for the lot and the home. 13 Tenants own their own home and only pay the $265 lot and water. The balance of the park is empty. This park may offer a real estate play in that the land is ideally located next to Kroger and across from McDonalds. Bourne End Mobile Home Park consists of 66 pads and offers off street parking, all public utilities, one Section 8 tenant, 2 double-wides. Lot rent is $265 including $45 for water. Tenants pay gas and electric. 5 mobile homes need to be torn down. 10 homes are being rented or buying land contract four of which are have renovated homes and are paying $550 per month, the rest pay an average of $400 per month. 17 tenants are only paying the lot rent for a total of 27 paying tenants. 11 Vacant homes. Government Trailers: Sherwood has 7 government trailers that need to be renovated Bourne End has 8 government trailers of which 7 have already been renovated and 6 are rented.

Located 70 Miles North of Indianapolis, Indiana Investment Sale 18,894 SF for sale $1,500,000  - $79.39/sf

Strategically located within one day's drive to major cities such as Indianapolis, Chicago, Cincinnati, Louisville, Milwaukee, Nashville, and Pittsburgh. Good access to Highway 24 and US 31.

-Located Centrally in the town of Peru Indiana with direct access to all essential businesses. -All four parks are situated within 5 miles or less from each other. 1) Sherwood Mobile Home Park - 906 W Main St, Peru IN 46970 2) Bourne End Mobile Home Park - 3 Wycombe Dr, Peru IN 46970 3) Hi & Dri Court - 501 W 10th St, Peru IN 46970 4) Park Ave Court - 23 S. Park Ave, Peru IN 46970 Delta Group LLC in association with JDS Real Estate Services, INC is pleased to offer for sale an excellent opportunity purchase a four park portfolio located in centrally in Peru Indiana. This portfolio is comprised of four parks totaling 169 pads situated within 5 miles or less from each other. Despite having a supporting metro, occupancy currently sits at just 35% due to a lack of owner funding for infill. A buyer with sufficient capital will realize paramount Value-Add returns and easily be able to bring the occupancy up to ≥70% within 18 months. Please refer to the "Document" tab to view additional financial information.

908 West Main Street located in Peru, IN is a 2,345 square foot Food & Beverages, Restaurant property that was built in 1976.This property is situated on a 1.38 acre land parcel.The property is being offered at the following list price: $850,000.Offered by Darpan Patel and Gage Wiethorn.