Mobile Home Park
Stoneybrook Mobile Home Park
214 Lincoln St, Madison, IN 47250
Listing Price: $1,595,000
Investment Overview
Marcus & Millichap is pleased to present Stoneybrook Mobile Home Park, a 38-unit manufactured housing investment located at 214 Lincoln Avenue in Madison, Indiana. The property is comprised of 33 tenant-owned homes, two park-owned homes, one vacant lot, and two tenant-owned-contract homes. The last rental increase was Summer 2022. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.
Stoneybrook Mobile Home Park
Investment Highlights
- 38 Total Spaces
- 6.72 Total Acres
- Ability to Add Value By Raising the Rents and Adding Mobile Homes to Fill Vacancies
- Easy Access to Route 421 and Route 56
- Located in Southern Indiana
- Close Proximity to Retail and Dining Options including Walmart, Dollar General, Taco Bell and Wendy's
- Surrounded by Numerous Recreational Parks, including Clifty Falls State Park
- Close to a Variety of Employment Outlets, which include Grote Industries, Norton King's Daughter's Health, and Arvin Sango Inc
Listing Price: $1,595,000
Investment Highlights
- 38 Total Spaces
- 6.72 Total Acres
- Ability to Add Value By Raising the Rents and Adding Mobile Homes to Fill Vacancies
- Easy Access to Route 421 and Route 56
- Located in Southern Indiana
- Close Proximity to Retail and Dining Options including Walmart, Dollar General, Taco Bell and Wendy's
- Surrounded by Numerous Recreational Parks, including Clifty Falls State Park
- Close to a Variety of Employment Outlets, which include Grote Industries, Norton King's Daughter's Health, and Arvin Sango Inc
Investment Overview
Marcus & Millichap is pleased to present Stoneybrook Mobile Home Park, a 38-unit manufactured housing investment located at 214 Lincoln Avenue in Madison, Indiana. The property is comprised of 33 tenant-owned homes, two park-owned homes, one vacant lot, and two tenant-owned-contract homes. The last rental increase was Summer 2022. This investment offers an investor the opportunity to acquire a well-maintained asset with immediate cash flow upon acquisition.
