Anoka Acres Manufactured Home Community | |
| Category | Description |
| Location: | Logansport, Indiana |
| Summary: | Anoka Acres Manufactured Home Community (the Community" or the the Property") is a 4-Star manufactured home community located in Logansport, Indiana. The Community consists of 82 permitted homesites on approximately 36.4 acres of land zoned for manufactured housing, with expansion approval of up to 130 additional homesites. Ninety-five percent of the residents are seniors as only two families reside in the community. The property is located at 2904 South U.S. Highway 36, Logansport, Indiana 46947. Asking Price: $2,300,000.00 Breakdown: $2,050,000 7.5% CAP rate on $154,677 NOI $250,000 Expansion Land 130 sites. Loan Assumption: $1,235,000.00 Current Balance; Terms: Due Oct. 2009 (7- yr. loan originated Oct. 2002); Interest Rate 6.36% Assumption Fee 1% to Key Bank |
| Additional Information | Please see the attached brochure for more information about the park and
Logansport as well as pictures of the property. Click HERE to see view the brochure. |
Asking Price: $2,100,000
For more information, contact Mary Frances de la Pava at (703) 549-4207 or mfdelapava@aol.com .Information believed correct but not guaranteed