Listed with Larry Carpenter III, Carpenter Realty LLC, office: 812-559-0458

Price $897,000
Status Active
Beds 33
Baths 13 Baths
Home size n/a
Lot Size 6.32 ac
Days on Market 47
Full Moon Farm Mobile Home Park presents an outstanding, turnkey investment opportunity that combines strong in-place cash flow with compelling upside potential. This state-approved, well-established park currently generates over $140,000 in annual revenue from 10 mobile homes, 3 efficiency apartments, and on-site storage units, all supported by a solid rental history and well-maintained units. All roofs across the property have been replaced within the past year, significantly reducing near-term capital expenditures, and multiple interior updates have already been completed to further enhance tenant appeal and long-term durability. A key value-add advantage is the presence of existing sewer connections, allowing for additional units and future income growth without major infrastructure investment. Ideally positioned just minutes from Highway 37 and Westside's thriving shopping and dining corridor, the property benefits from consistent tenant demand and market stability. With attractive current returns, minimal deferred maintenance, and clear expansion potential, Full Moon Farm Mobile Home Park represents a rare opportunity to acquire a high-performing asset with immediate income and scalable long-term upside. Seller financing may also be available, upon request, for up to 25% of the purchase price, offering additional flexibility and enhanced returns for qualified buyers.
Property Type(s): Multi Family
Last Updated 1/19/2026 Tract None
Year Built 1970 County Monroe

SCHOOLS

School District Monroe County Community School C
Elementary School Highland Park
Jr. High School Batchelor
High School Bloomington North

Additional Details

AIR Central Air, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Range, Refrigerator
BASEMENT Crawl Space
CONSTRUCTION Vinyl Siding
HEAT Electric
LOT 6.32 acre(s)
LOT DESCRIPTION Irregular Lot
LOT DIMENSIONS 6.32 Acres
SEWER Public Sewer
STORIES 1
STYLE 1 Level
SUBDIVISION None
TAXES 9826.44
WATER Public
Listed with Larry Carpenter III, Carpenter Realty LLC, office: 812-559-0458
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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Last Updated On: 3/7/26 2:11 AM PST
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