1121 State Road 46 W Road, Batesville, IN 47006 - Franklin County

Presenting a fully stabilized mobile home park, the new owner of Wagner’s Mobile Home Park will receive immediate cash flow with value-add potential. This 14-lot park is on city water / city sewer and is 100% occupied with all 14 homes as tenant-owned homes. Easy to manage remotely with maintenance guy on site. Lot rents are at $400/month. The property is zoned B3 (General Business) with additional vacant land ready for further development, opening the door to a range of development possibilities including storage units (see Permitted Use Table). The property includes a 5,000 sq ft pole barn, one bay (20%) leased to a contractor for 3-yr term. 80% available for adding tenants (value-add).

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