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HIGHLIGHTS:
Investment Opportunity for Owner / Manager
Excellent Location Close to New Walking/Biking Trail, Glenbrook Mall, Coldwater Crossing, Parkview Icehouse & Fieldhouse, Numerous Restaurants, and Fort Wayne Children’s Zoo
95% Occupied Mobile Home Community
64 Mobile Home Pads (63 are rental homes owned by the Park - 1 is a privately owned home)
Laundromat Currently Being Updated
Acreage: 4.83 Acres
Opportunity for Owner to Pass Water/Sewer Expense to Tenants
NOI: $152,051 Cap Rate: 11.7%
Sale Price: $1,300,000
INVESTMENT OPPORTUNITY 4.83 ACRE MOBILE HOME PARK
3126 N. WELLS STREET FORT WAYNE, INDIANA
1021 S. Calhoun Street | Suite One Fort Wayne, IN 46802 (260) 407-0900 | www.bnd.net
David W. Nugent, CCIM, SIOR Direct: (260) 407-7113 Cell: (260) 704-3283 [email protected]
1021 S. Calhoun Street | Suite One Fort Wayne, IN 46802 (260) 407-0900 | www.bnd.net
SITE
David W. Nugent, CCIM, SIOR Direct: (260) 407-7113 Cell: (260) 704-3283 [email protected]
INVESTMENT OPPORTUNITY 4.83 ACRE MOBILE HOME PARK
3126 N. WELLS STREET FORT WAYNE, INDIANA
The information contained herein was obtained from sources we believe to be reliable. We cannot be responsible, however, for errors, omissions, prior sale, withdrawal from the market or change in price. Broker makes no representation as to the environmental or structural condition of the property and recommends independent investigation by all parties.
1021 S. Calhoun Street | Suite One Fort Wayne, IN 46802 (260) 407-0900 | www.bnd.net
David W. Nugent, CCIM, SIOR Direct: (260) 407-7113 Cell: (260) 704-3283 [email protected]
INVESTMENT OPPORTUNITY 4.83 ACRE MOBILE HOME PARK
3126 N. WELLS STREET FORT WAYNE, INDIANA
Property Highlights
Parcel Number 02-07-26-379-006.000-073
Address 3126 N. Wells Street
City / State / Zip Fort Wayne / IN / 46808
Sale / Lease Sale
Mobile Home Sites 64 pads w Mobile Homes (63 rental units; 1 privately owned unit)
Laundromat Yes
Land Size 4.83 Acres
Zoning I-2 Light Industrial
Number of Parcels One
Dimensions Irregular
Frontage 331’
Parking Interior streets of mobile home park
Traffic Count 13,000 VPD (2018)
Nearest Highway Coliseum Blvd.
Distance to Interstate +/- 2 miles to I-69
Distance to Airport Approx. 17 miles to FW International
The information contained herein was obtained from sources we believe to be reliable. We cannot be responsible, however, for errors, omissions, prior sale, withdrawal from the market or change in price. Broker makes no representation as to the environmental or structural condition of the property and recommends independent investigation by all parties.
1021 S. Calhoun Street | Suite One Fort Wayne, IN 46802 (260) 407-0900 | www.bnd.net
Utilities
Company
Gas NIPSCO
Electric I & M
Water / Sewer City of Fort Wayne
Sale Information
Sale Price $1,300,000
Terms Cash at Closing
Annual Taxes $7,233.60
Tax Year / Pay Year 2018 / 2019
David W. Nugent, CCIM, SIOR Direct: (260) 407-7113 Cell: (260) 704-3283 [email protected]
INVESTMENT OPPORTUNITY 4.83 ACRE MOBILE HOME PARK
3126 N. WELLS STREET FORT WAYNE, INDIANA
