503-454-6510 info@northpeakdev.com

Fairview Village

Mobile Home Community
Osgood, Indiana

Fairview Village is a mobile home community located in Center Township and the Town of Osgood, Indiana. The community contains 47 operational spaces and sits on 13.1 acres of land. The community is zoned for 66 spaces by the State of Indiana and our goal is to develop the existing land to maximize the community zoning.

Project Info

Fairview Village is in an ideal location for affordable housing due to its proximity to Indianapolis, manufacturing jobs, shopping and I-74. Ripley County boasts a population of 28,000 as of  2018 with the 2020 census expected to rise by 5-10% according to county commissioner.

Estimated Project Cost: $680,000
Estimated Value at Stabilized 7.5% Cap Rate: $1,600,000

Project Name: Fairview Village Mobile Home Community

Location: Osgood, Indiana

Asset Type: Mobile Home Community

Status: Owned by NPD

Acquisition Date: 02/29/2020

Licensed Spaces: 47 (zoning allows 66)

Equity Partner: Funded

Project Stabilization: 24 Months

Property Management:  Vertical / Push Property REI LLC

 

Invest With Us

Interested in investing? North Peak Development offers a variety investment options at different phases of each project. Click on the button below to be taken to our investment portal, or read below to understand how each phase works.

Additional Mobile Home Projects

White River Estates

Mobile Home Community

Muncie, Indiana

White River Estates Mobile Home Community is a 200 space value-add park located in Muncie, Indiana. This project is a medium-large scale project and represents a great opportunity for our investors.

 

 

Water Tower

Mobile Home Community

Morristown, Indiana

Water Tower Mobile Home Community (MHC) provides a value add investment opportunity for North Peak Development Group (NPDG) and partners. The existing community is well laid out and was kept fairly clean but several inefficiencies limited the maximum potential of the community prior to our acquisition. This is a great opportunity.

Lake Arthur Estates

Mobile Home Community

Remington, Indiana

Lake Arthur Estates is the sole mobile home community in Remington, Indiana and is one of only six communities in Jasper County. Lake Arthur has 46 operational spaces.

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info@northpeakdev.com

525 3rd Street
Suite #200
Lake Oswego, OR 97034
503-454-6510

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