Greenbriar MHP is a beautiful 33-pad mobile home community located on 4.41 acres in Hermitage, PA. The age of the park is unknown to the seller. The property is zoned commercial and the park is currently legal conforming according to the seller. The park is not located in a flood zone. The park is presently managed inhouse, however the seller believes that there are residents in the park who might make a good manager/greeter. The owner does not know the exact sizes of the pads but simply calls them "large". There are no vacant trailers that need to be removed from the park. Of the 33-pads in the park, 16 are occupied by TOH averaging $350/month. There are currently six vacant POH's that the seller feels are rehab eligible. The park also has one studio apartment on the premises that it rents out. There are currently two tenants who are behind in their rent. All of the residents in the park are currently on month-to-month leases. The last rent increase was on January 1st, 2021.

CITY WATER & CITY SEWER!!! Greenbriar MHP is on city water & city sewer. The underground pipe material is steel. The seller believes the pedestals to each pad are 200 amp. The park has electric, gas, & water meters to each pad. Electric & gas are billed directly to the tenant from the supplier. Water is charged to the park and this is billed back to the tenants. The road through the park is asphalt and the park is responsible for maintaining it. The tenants are responsible for mowing their own space. The park mows the vacant pads and common areas. The park retains an outside vendor for snow removal as needed. Off-street park is provided in the driveways to each pad.

The owners have made some improvements to the property during
their short ownership tenure:
1. All new Metron submeters with remote readers were installed to
each pad.
2. General cleanup and landscape improvements.
3. Tree work.

When asked what items they would continue to improve upon if
they continued to own the property:
1. Improve the roads.
2. Rehab the six vacant homes, infill vacant pads, and raise rents
to $400/pad.
3. This is a very desirable school district with high demand for
affordable housing.

JDS Real Estate Services, Inc. is the listing agent for this transaction:
JDS Real Estate Services, Inc.
Jennifer D. Stein
1231 Puerta Del Sol, Suite #100
San Clemente, CA 92673
Phone: 213.446.5366
Email: jstein@jdsreservices.com
PA License #RB068057

Jon Fisher is an "out of state" license cooperating with JDS Real Estate Services, Inc. on this transaction. Jon Fisher is a licensed broker in the State of Illinois under license #471.020503.
PH# 217-202-0924.
Email: jonfisher1991@gmail.com