US Mobile Home Communities by Correll Commercial

Suburban MHP

St. Paul, Indiana

This is a great small park with public streets, public water and sewer, high occupancy and good curb appeal.

Asking Price: $799,000
Number of Pads: 43
Price per Pad: $18,581
Status: New Listing!
Broker Contact:
Rich Correll 317-842-0007
Email Broker

- Near Shelbyville
- Public Water and Sewer
- 95% Occupancy
- Tenant Owned Homes
- Cash Only - No Carry

Arbor Village MHP

Lafayette, Indiana

This is a medium sized park that is located in Lafayette. This town has good employment and West Lafayette is home to Purdue University. The owner will carry for the right buyer.

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Asking Price: $799,000
Number of Pads: 48
Price per Pad: $16,646
Status: IN CONTRACT
Broker Contact:
Rich Correll 317-842-0007
Email Broker

- 14.28% Cap Rate
- 25 homes included
- 100 percent occupancy
- Stable Operating history

West Side Park

Spencer, Indiana

This is a small rental park located in Spencer Indiana. The price includes a single family home and 10 mobile homes. The owner will carry for the right buyer.

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Asking Price: $269,000
Number of Pads: 10
Price per Pad: $26,900
Status: New! Available
Broker Contact:
Rich Correll 317-842-0007
Email Broker

- 15.43 % Cap Rate
- Public Water and Sewer
- City Streets
- 100 % Occupancy

FountainVue

LaFontaine, Indiana

This property is located in north central Indiana. This is a nice park that was previously owned by a REIT. The sellers are carrying 80% and will guarantee 8.5% yield.

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Asking Price: $1,790,000
Number of Pads: 119
Price per Pad: $14,706
Status: Available
Broker Contact:
Rich Correll 317-842-0007
Email Broker

- Public Water and Sewer
- Excess Land
- 71% Occupancy

Lakeview MHP

Wabash, Indiana

This is a well maintained community that shows pride of ownership. The occupancy can be improved and there is room for more pads.

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Asking Price: $589,000
Number of Pads: 42
Price per Pad: $14,024
Status: Active
Broker Contact:
Rich Correll 317-842-0007
Email Broker

- Tenants Own Homes
- Rents are Low
- Nice Location
- Four Acres of Excess Land

Fairview Mobile Home Park

Salem, Indiana

We have updated the brochure and financial information for this park as of May 2007. This small park is located on a hilly site just outside of the downtown region of Salem, Indiana.

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Asking Price: $225,000
Number of Pads: 26
Price per Pad: $8,654
Status: Active
Broker Contact:
Rich Correll (317) 842.0007
Email Broker

- 11.68% Cap Rate
- Tenants own homes
- Public water and sewer
- Excess Land
- Updated Financials












Sort by asking price: $0 - $500,000 $500,000 - $1 million $1 million - $2 million $2 million + Suburban MHP St. Paul, Indiana This is a great small park with public streets, public water and sewer, high occupancy and good curb appeal. See full package Asking Price: $799,000 Number of Pads: 43 Price per Pad: $18,581 Status: New Listing! Broker Contact: Rich Correll 317-842-0007 Email Broker - Near Shelbyville - Public Water and Sewer - 95% Occupancy - Tenant Owned Homes - Cash Only - No Carry Arbor Village MHP Lafayette, Indiana This is a medium sized park that is located in Lafayette. This town has good employment and West Lafayette is home to Purdue University. The owner will carry for the right buyer. See full package Asking Price: $799,000 Number of Pads: 48 Price per Pad: $16,646 Status: IN CONTRACT Broker Contact: Rich Correll 317-842-0007 Email Broker - 14.28% Cap Rate - 25 homes included - 100 percent occupancy - Stable Operating history West Side Park Spencer, Indiana This is a small rental park located in Spencer Indiana. The price includes a single family home and 10 mobile homes. The owner will carry for the right buyer. See full package Asking Price: $269,000 Number of Pads: 10 Price per Pad: $26,900 Status: New! Available Broker Contact: Rich Correll 317-842-0007 Email Broker - 15.43 % Cap Rate - Public Water and Sewer - City Streets - 100 % Occupancy FountainVue LaFontaine, Indiana This property is located in north central Indiana. This is a nice park that was previously owned by a REIT. The sellers are carrying 80% and will guarantee 8.5% yield. See full package Asking Price: $1,790,000 Number of Pads: 119 Price per Pad: $14,706 Status: Available Broker Contact: Rich Correll 317-842-0007 Email Broker - Public Water and Sewer - Excess Land - 71% Occupancy Lakeview MHP Wabash, Indiana This is a well maintained community that shows pride of ownership. The occupancy can be improved and there is room for more pads. See full package Asking Price: $589,000 Number of Pads: 42 Price per Pad: $14,024 Status: Active Broker Contact: Rich Correll 317-842-0007 Email Broker - Tenants Own Homes - Rents are Low - Nice Location - Four Acres of Excess Land Fairview Mobile Home Park Salem, Indiana We have updated the brochure and financial information for this park as of May 2007. This small park is located on a hilly site just outside of the downtown region of Salem, Indiana. See full package Asking Price: $225,000 Number of Pads: 26 Price per Pad: $8,654 Status: Active Broker Contact: Rich Correll (317) 842.0007 Email Broker - 11.68% Cap Rate - Tenants own homes - Public water and sewer - Excess Land - Updated Financials Page 1 of 1 1