Mobile Home Park Details
- Cap Rate: 6.5%
- Listing ID: 1365319
- Posted On: Dec 7, 2020
- Updated On: Mar 1, 2021
Description
This property is located 6 miles from the town of Wellsboro, PA. There are a total of 49 units, 35 mobile homes, and 14 storage-units. Approvals for 14 more storage-units are in place and potential for 17 more mobile homes. It has city sewer and private well. Nicely maintained.
Location
This property is located 6 miles from the town of Wellsboro, PA.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 49 |
| Total Occupancy: | 95.0 % |
| Year Built: | 1972 |
| Size: | 25 acre(s) |
Financial Information
| Gross Income: | $129,840 |
| Operating Expense: | $51,727 |
| Net Operating Income: | $68,033 |
| Expense Ratio: | 39.8 % |
Utility Information
| Water: | Well |
| Sewer: | City |
