Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Cap Rate: 8.9%
  • Listing ID: 3727720
  • Posted On: Sep 25, 2023
  • Updated On: May 1, 2024

Description

Sites Total: 35
Vacant Lots: 19
Park Owned Homes: 0
Resident Owned Homes: 16

Also has: 10.5 of land

Mineral Rights/ Maintenance Equipment

Park has City Water/City Sewer

Location

Edinburg, PA

Address 152 James Ln.

Located centrally between Pittsburgh and Cleveland

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Park Information

Community Type: All Age
Number of MH Lots: 35
Total Occupancy: 40.0 %
Year Built: 1979
Size: 11 acre(s)

Financial Information (Actual)

Gross Income: $91,296
Operating Expense: $35,268
Net Operating Income: $56,028
Expense Ratio: 38.6 %

Utility Information

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

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