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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 / NP Property Management 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.

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