The NMHC Group of KW Commercial is pleased to present Engleside MHP, an 18-site manufactured housing community located in Lancaster County, PA. Engleside currently has 18 tenants paying lot rent. The community is serviced by municipal sewer and water (individual Metron Meters) with the current operator collecting a 100% reimbursement for both utility expenses.

Engleside offers investors the rare opportunity to acquire an all tenant-owned home community within the heart of Lancaster City. The property is currently managed by local specialist A. Hunter - who is not required to stay onboard. While Engleside is surrounded by large communities driving peak market rents to $700, a new operator can justify increased rents through improving the community with a modern stock of homes and road repair. Current owner plans to send out a rental increase letter to establish base rents at $400 plus utilities starting on January 1, 2024.

As always, this is a confidential sale. Please do not go to the community without setting up a showing appointment with the listing agents. If on site, do not under any circumstance speak with any tenants or employees. Please contact us for additional information.