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3471 West Pin Oak Court Madison, IN 47250
- $350,000
- Year Built: 1990
- Commercial
- Listing #202608072
Property Description
Value-Add Investment Opportunity in Madison, Indiana! This mobile home park features 8 total rental spots along with an additional single-family home and garage located on the property, providing multiple income streams. Property is being sold strictly as-is and priced to reflect its current condition. Exterior components, mechanical systems, and interior finishes will all require attention and a substantial capital improvement budget should be anticipated prior to stabilization. Significant deferred maintenance is present throughout the property. Cash buyers with construction resources and value-add experience strongly preferred. Conveniently located near local amenities, employment centers, and major routes, this property is well-positioned in a market with consistent affordable housing demand. Value-add opportunities include rental increases, infill optimization, and property-wide improvements. A rare chance to acquire a distressed multi-unit income property at a price that reflects the work ahead and strong long-term upside for the right investor.
Listing Details
| Price | $350,000 |
|---|---|
| Year Built | 1990 |
| Property Type | Commercial |
| Listing # | 202608072 |
| Status | Active |
| Listing Type | For Sale |
Exterior Features
| Lot Size | 2.10 acres |
|---|