09/16/2026
Sometimes to make something work you gotta be willing to start over. So we’re demo’ing a large garage, two apartments, and a bunch of storage units at our mobile home park in Peru, Indiana.
It could have been rehabbed into two rentable units and some additional usable space. The numbers didn’t pencil for rehab vs rents. So it’s gone.
And it’ll be replaced with two new homes that do pencil and give two tenants their own space and us higher rents.
It’s not cheap demo’ing a building. And in this case it’s worth it.