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PRESS RELEASE: Divide and Camper: Newly Subdivided RV Plant Now Up for Sale

INDIANAPOLIS, IND.—The former Carriage RV plant has been subdivided into 15 separate parcels that are now listed for sale individually, Key Auctioneers of Indianapolis announced today.

“Until recently, we have only been able to offer the property as a single, 55-acre tract,” said Jeff Doner, principal broker at Key Auctioneers. “With the initial rezoning and subdivision work now complete, we have the chance to offer much smaller tracts. We already have four parcels under contract and have had numerous inquiries on others.  It’s exciting to see that many small- and mid-size operations will begin to breathe life back into this ready-made industrial campus over the coming months.”

The campus, which is centrally located between major recreational vehicle, modular housing, and transportation manufacturing hubs in Elkhart, Lagrange, and Noble counties, has been divided into 15 parcels. The largest of the parcels is a 12-acre tract listed for $2.9 million. It includes Carriage’s former 160,000 square foot, state-of-the-art manufacturing facility and three other buildings. The smallest parcel is a one-acre tract with a 2,000 square foot storage building. It was listed for $20,000 and is already under contract. Taken together, the 15 parcels are listed for $5.6 million.

Carriage started as an idea in a pole barn in the late 1960s and evolved into a national leader in the luxury RV market. At its peak, Carriage employed over 275 workers before halting production in late 2011 due to financial difficulties.

For more information, please contact Jeff Doner at 317-353-1100 or [email protected], or visit http://www.keyauctioneers.com/assets-for-sale/details/?id=90601.

About Key Auctioneers
Key Auctioneers is a regional real estate auction company with offices in Chicago, Grand Rapids and Indianapolis. Key’s comprehensive asset disposition services include auctions, appraisals, asset recovery, property management and receiverships. Key provides services throughout the Midwest including Indiana, Illinois, Ohio, Kentucky, Missouri and Michigan.