Shady Rest MHP

<h3></h3><h3><strong style="color: rgba(47, 49, 49, 1)">Investment Highlights</strong></h3><p><strong style="color: rgba(10, 37, 64, 1)">Property Highlights</strong></p><ul><li>​<strong style="color: rgba(10, 37, 64, 1)"></strong><span style="color: rgba(10, 37, 64, 1)"> 23 Total Mobile Home Pads</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> 100% Occupancy</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> 2 Park-Owned Homes (POH)</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> City Water & City Sewer</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Metron Sub-Metering Installed</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Direct-Billed Electric & Gas</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Trash Included in Lot Rent</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> On-Site Manager (Receives Free Lot Rent)</span></li></ul><p><strong style="color: rgba(10, 37, 64, 1)">Rental Information</strong></p><ul><li>​<strong style="color: rgba(10, 37, 64, 1)"></strong><span style="color: rgba(10, 37, 64, 1)"> Lot Rent: $400/month</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Trash Included</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Park-Owned Home Rents:</span></li><li>​<span style="color: rgba(10, 37, 64, 1)">○ Home #1 — $620/month (All Utilities Included)</span></li><li>​<span style="color: rgba(10, 37, 64, 1)">○ Home #2 — $748/month (All Utilities Included)</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Residents reimburse water and sewer usage through the existing Metron sub-metering system, including a $5 monthly administrative fee per resident</span></li></ul><p><strong style="color: rgba(10, 37, 64, 1)">Value-Add Opportunities</strong></p><ul><li>​<strong style="color: rgba(10, 37, 64, 1)"></strong><span style="color: rgba(10, 37, 64, 1)"> Increase below-market lot rents over time</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Optimize Park-Owned Home rental rates</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Continue maximizing utility reimbursement through existing Metron infrastructure</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Improve overall NOI through operational efficiencies</span></li></ul><p><strong style="color: rgba(10, 37, 64, 1)">Market Overview</strong></p><ul><li>​<strong style="color: rgba(10, 37, 64, 1)"></strong><span style="color: rgba(10, 37, 64, 1)"> Population: Approximately 58,500</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Median Household Income: ~$41,960</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Diverse employment base supported by:</span></li><li>​<span style="color: rgba(10, 37, 64, 1)">○ Healthcare</span></li><li>​<span style="color: rgba(10, 37, 64, 1)">○ Higher Education</span></li><li>​<span style="color: rgba(10, 37, 64, 1)">○ Advanced Manufacturing</span></li><li>​<span style="color: rgba(10, 37, 64, 1)">○ Distribution & Logistics</span></li><li>​<span style="color: rgba(10, 37, 64, 1)">This market continues to experience significant public and private investment, including more than $34 million in ARPA and federal Infrastructure Investment funding, supporting infrastructure improvements, industrial expansion, and new manufacturing facilities.​ These investments continue to strengthen the local economy while increasing long-term demand for affordable housing.​</span></li></ul><p><strong style="color: rgba(10, 37, 64, 1)">Investment Highlights</strong></p><ul><li>​<strong style="color: rgba(10, 37, 64, 1)"></strong><span style="color: rgba(10, 37, 64, 1)"> High Occupancy Community</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Immediate Cash Flow</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> City Utilities with Existing Utility Bill-Back Program</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Built-In Rental Growth Potential</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Additional Income from Park-Owned Homes</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Located in a Growing Midwest Employment Market</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Excellent Regional Access to Major Employment Centers</span></li><li>​<span style="color: rgba(10, 37, 64, 1)"> Professionally Positioned for Long-Term Appreciation</span></li></ul><p></p>

<p><span style="color: rgba(51, 51, 51, 1)">This 6-pad community, along with two duplex buildings, offers a total of 10 units and is being offered as part of a portfolio currently undergoing refinance if not sold prior.​ The property is serviced by city water and city sewer, with all utilities—including water, electric, gas, and trash—directly billed to tenants, helping maintain low operating expenses.​ All mobile homes are park-owned with rents ranging from $675 to $800 per month, while the duplex units generate between $500 and $900 per month.​ The asset provides a stable income stream with a diversified unit mix.​</span></p><p></p><p><span style="color: rgba(51, 51, 51, 1)">Additional details available upon request.​ No seller financing is available.​</span></p><p></p><p><span style="color: rgba(51, 51, 51, 1)">(Jonathan Fisher is a licensed IN managing broker under MR.​ LANDMAN, LLC, IN License #RB18000549.​)</span></p>

<p>Excellent investment opportunity in <strong>Madison, Indiana</strong>! This <strong>mobile home park features 8 total rental spots</strong> along with an <strong>additional single-family home and garage located on the property</strong>, providing multiple income streams.​ The park offers strong upside potential for investors looking to stabilize, improve, or expand cash flow in a growing Southern Indiana market.​</p><p>Conveniently located near local amenities, employment centers, and major routes, this property is well-positioned for consistent demand.​ Whether you are an experienced investor or looking to add a solid performing asset to your portfolio, this property offers flexibility and long-term income potential.​ Value-add opportunities may include rental increases, infill optimization, and operational improvements.​ A rare chance to acquire a multi-unit income property with diversification built in.​ Approximant boundary lines.​</p>