Property details

Pennsylvania Upside Mobile Home Park, Northeast Region

Property Description

Pennsylvania Upside Mobile Home Park

Excellent upside situation.

This park is a very good buy.

In addition to the mobile home section, there is a 20 unit development that is available for manufactured housing, stick built, sale or lease, plus 30 additional acres that can be used for apartments, etc., with the college nearby, plus a 2.6 acre commercial lot.

Possible owner financing.

About 40 acres total, with so many uses.

Owner has not done much of anything to develop it.

Well water, abundant, 11,000 and 36,000 gallons per day.

Township sewer, residents pay

Very good paved streets

Off street parking

24' X 40' metal building

Park is in very nice condition

16 spaces to fill

NOI: $64,476



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Highlights

Status:
Available
Price:
$799,000
Cap Rate:
8.07%
Annual Rent:
$64,476
 

Property Information

Property Type:
Mobile Home Parks
Industry Type:
Mobile Home Park
Units/Spaces:
40
Purchase Tenure:
Fee Simple
 

Existing financing information

N/A

The information contained herein contains confidential and/or privileged material. Any review, retransmission, dissemination or other use of, or taking of any action in reliance upon, this information by persons or entities other than the intended recipient will be prohibited. The information contained herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about the accuracy or completeness of the information. As a buyer, it is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this property to you depends on factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. We have no knowledge of this offering other than the information received from Seller or their representatives. We are neither your agent or an agent for the seller. We will not participate in the negotiation of the purchase price or attend the showing of this property. As a buyer, you will be required to indemnify us and hold us harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.