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.
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) |
Lot Information
Singlewide Lots: | 26 |
Doublewide Lots: | 0 |
Triplewide Lots: | 0 |
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 |