About This Home

This 33-bedroom, 13-bathroom residential multi family at 6000 W State Rd 45 in Bloomington, IN is listed for $797,700 ($77 per sqft). Built in 1970, the home offers 10,400 sqft of living space on a 6.32 acres lot.

Key Features

  • Built in 1970
  • 6.32 acre lot
  • 13 parking spaces

Property Details

1 story
13 full
13 spaces
1970

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$4,266/mo

20% down · 6.5% · 30 years

Principal$577
Interest$3,457
Insurance$233

Estimates only. Actual payments may vary.

Location

6000 W State Rd 45

Bloomington, IN 47403

Property Details

Flooring

Vinyl

Cooling

Central Air

Questions & Answers

This 33-bedroom, 13-bathroom residential multi family at 6000 W State Rd 45 is listed at $797,700 ($77/sqft). The estimated monthly payment is $4,267 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 6.32 acre lot, 13 parking spaces.

This property is listed by Larry Carpenter III.

LI

Larry Carpenter III

Agent at Carpenter Realty LLC

Listed by Carpenter Realty LLC · Broker phone: (812) 559-0458 · Broker website

MLS# 202601983· Source: Southwest Indiana Association of Realtors· 282 days on PropertySimple

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

6000 W State Rd 45, Bloomington, IN 47403

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