Krause Trailer Park
Krause Trailer Park
Krause Trailer Park

Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Listing ID: 1149364
  • Posted On: Oct 27, 2019
  • Updated On: Apr 25, 2020

Description

This mobile home community located in Meyersdale/Summit Township, Pennsylvania has 26 sites. There are 24 currently rented and fully occupied sites. Of those 24 lots, Owner collects lot rent plus sewer and water (all separately metered) from 18 tenants. In addition, Owner collects rent from 8 park owned mobile homes, plus sewer and water.
Many of these tenants qualify and are willing to purchase their mobile homes from the park. Owner will assist with Installment sales agreements, with willing and approved tenants, if necessary. Only 2 vacant sites left, with one being fully infrastructure ready. The attorney owns the park as an investment. This park is well managed and locally run.

Location

Situate at the juncture of Pennsylvania, western Maryland and northern West Virginia, located near State Rt. 219 which has been newly expanded. Easy access to PA turnpike and Interstate 68 and 70.

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Park Information

Community Type: All Age
Number of MH Lots: 26
Total Occupancy: 92.0 %
Year Built: 1968
Average MH Lot Rent: $150
Size: 3 acre(s)

RV Information

Number of RV Lots: 0

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 8
Average Rent for Park-owned Homes: $380

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