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Indy Firm Selling Subdivided Carriage Campus

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August 8, 2013 by   Leave a Comment

The former Carriage Inc. recreational vehicle plant in Millersburg, Ind., has been subdivided into 15 separate parcels that are now listed for sale individually, Key Auctioneers of Indianapolis announced Wednesday (Aug. 7).

“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 fifth-wheel 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 visit http://www.keyauctioneers.com/assets-for-sale/details/?id=90601.

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