IN > Batesville
Batesville, IN 47006,1121 State Road 46 W Road
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Batesville, IN 47006,1121 State Road 46 W Road
Batesville, IN 47006,1121 State Road 46 W Road
Batesville, IN 47006,1121 State Road 46 W Road
Batesville, IN 47006,1121 State Road 46 W Road
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 535,000
Est. payment /mo
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Contingent

1121 State Road 46 W Road Batesville, IN 47006

14 Beds

14 Baths

5,000 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Contingent

Purchase Type For Sale

Square Footage 5,000 sqft

MLS Listing ID 202515671

Style Other

Bedrooms 14

Full Baths 14

Abv Grd Liv Area 5,000

Total Fin. Sqft 5000

Year Built 1947

Annual Tax Amount $676

Tax Year 2025

Lot Size 5.700 Acres

Property Sub-Type Other

Property Description

Turnkey Mobile Home Park Investment – 100% Leased Mobile Home Park with Value-Add Potential. Presenting a fully stabilized mobile home park offering immediate cash flow and 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 range from $360–$390/month. Annual Gross Income is $76,523.81; Net Operating Income is $48,994.77. Selling at a 9.16% CAP. 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 also includes a 5,000 sq ft pole barn, currently leased to a commercial tenant. Don't miss this rare opportunity to acquire a high-performing asset with stable occupancy on city water / city sewer, multiple income streams, and room to grow.

Location

State IN

County Franklin County

Area Franklin County

Direction GPS friendly.

Rooms

Dining Room 0

Interior

Flooring Other

Appliance Building, Land

Laundry , 0

Exterior

Amenities Available Other-See Remarks

Building

Lot Description Other

Story 1

Structure Type None

New Construction No

Schools

Elementary Schools Batesville Intermediate

Middle Schools Batesville

High Schools Batesville

School District Batesville Community

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202515671

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Craig Dohman • Century 21 Scheetz - Bloomington • Cell: 812-606-0136
agent

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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1121 State Road 46 W Road

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