Vista Grande MHP

<p><strong>TO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”.​ CONTACT LOGAN WHITE WITH ANY QUESTIONS LOGAN@MHPVALUE.​COM</strong></p><p>The MHP Value Team is pleased to offer for sale Shady Rest Mobile Home Park, a 24-pad mobile home community located in Anderson, Indiana, within the greater Indianapolis metropolitan area.​ Seller financing is available with $300,000 down, a 5% interest rate, interest-only payments, and a three-year balloon, providing attractive leverage and strong initial cash flow.​</p><p>The community is a stable asset currently operating at approximately 66% occupancy and consists of 14 park-owned homes, two tenant-owned homes, one vacant park-owned home, one single-family home, three garages, four sheds, and seven vacant lots with full infrastructure in place.​ The single-family home is included within the parcel and, if separately parceled, is estimated to have a standalone value in excess of $200,000<span style="color: rgba(255, 255, 255, 1)">.​</span>Average rents are approximately $305 per lot and $943 for park-owned homes.​ The property is serviced by city water and sewer.​ Each home is individually sub-metered for electricity; however, the owner currently pays all electric costs, creating a clear operational inefficiency.​ Rents are estimated to be $75–$100 below market, providing additional upside.​</p><p>The investment strategy for this community involves a light, high-impact value-add approach, primarily through the implementation of direct electric billing.​ With sub-meters already installed, a new owner can shift electric costs to residents with minimal capital investment, resulting in an immediate reduction in operating expenses and a meaningful increase in NOI.​ Additional upside includes modest rent increases, conversion of park-owned homes to tenant-owned homes to reduce maintenance exposure, and infill of the seven vacant lots.​</p><p>A new investor has the opportunity to acquire a stabilized, lightly value-add mobile home park with high-impact expense reduction potential, multiple income streams, and strong location fundamentals due to its proximity to Indianapolis, Muncie, and Noblesville.​ This offering provides attractive long-term cash flow potential in a market supported by regional employment growth and sustained demand for affordable housing.​</p><p><strong>Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the Pace Morby “Creative Finance” and “Subto” communities.​ We appreciate your interest and enthusiasm.​ Please note that we work exclusively with qualified, verified buyers.​ Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment.​ We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.​</strong></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>