Investment Portfolio Auction - Heritage Estates

Multi-Family for Sale
Auction
Catylist Listing ID: 30811008
Property Subtypes: Duplex/Fourplex, Mobile Home Park
Number of Units: 35 Units
Building Size (RSF): 2,864 SF
Gross Building Area: See Agent
Sale Price: See Agent
Property Use Type: Investment
Sale Terms: Cash to Seller
Up For Auction: Yes
Cap Rate: Undisclosed
Last Updated: 7/18/2022

Overview / Comments

THIS PROPERTY WILL BE OFFERED IN 2 INDIVIDUAL TRACTS AND IN COMBINATION.
TRACT 1: Consists of a 33-pad mobile home park with approximately 31 mobile homes. Approximately 11 of the mobile
homes are being sold to occupants on land contract. The contract balance that will transfer to the Buyer is approximately
$114,000.00. Additionally, there are 11 mobile homes in the park that are owned by the occupant which pay lot rent. An
additional 11 mobile homes are owned by the park and are currently vacant. TRACT 2: Consists of a 2,864 SF duplex that
was built in 1954. The duplex features a 2 bedroom / 1 bath unit and a 3 bedroom / 1 bath unit.

Additional Details

Nearest MSA: Wabash
County: Wabash
Tax ID/APN: 850329401003000002

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,392 7,104 8,923
Median Age: 31.59 35.72 36.27
Households: 1,445 2,565 3,222

Contact

Photograph of Listing Agent

Troy Reimschisel

SVN | Parke Group ICREX Member
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