• 169 Unit Four Park Portfolio For Sale - Peru, IN - 906 W Main St, Peru IN 46970 , peru, IN 46970

For Sale

Multi-Family

For Sale

This property is available for sale
10.0
Acres
$2,300,000
Sale Price
  • Total Building Size
    1,000 RSF
  • Overview

    -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.

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Property Details

-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.

  • Property Type
    Multi-Family
  • Submarket
  • Sale Price
    $2,300,000
  • Total Building Size
    1,000RSF
  • Total Acres
    10.0
  • Sale Status
    Available
  • Last updated
    Jun 21, 2021
  • Property ID
    2192900

Landlord's Sales Representatives

  • Emanuel Grivas
     
  • DAVID MONTALVO
    JDS Real Estate Services, Inc.
     
  • small@deltagroupllc.com