Mobile Home Park Details

Purchase Method: New Loan
Cap Rate: 9.6%
Listing ID: 108112
Posted On: Nov 15, 2011
Updated On: Jan 4, 2018

Description

Reesemanâ€™s Mobile Home Park is a 103 site community located in Waynesburg. There are currently 11 vacant park owned homes and four vacant sites. With proper management a new owner could take advantage of filling the park owned homes or selling them. The park currently operates on city water and septic sewage. City sewer is available. Please contact me for further details.

Location

Waynesburg is located roughly 60 miles southwest of Pittsburgh. Located in Greene County, Waynesburg is also the county seat. The region is underlaid with several different mining operations as well as coalbed methane gas. The Marcellus Shale, the largest domestic natural gas reserve, is currently being developed in Waynesburg and throughout Greene County. At one time there were also natural gas and oil deposits in the area. The region is very rich in natural resources that help boost the local economy and job growth.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Get Financing