Mobile Home Park Details
- Cap Rate: 6.7%
- Listing ID: 513198
- Posted On: Mar 12, 2015
- Updated On: Dec 30, 2021
Description
125 space mobile home park. Additional 67 spaces available with approval through County planning department. Single and Double Wide lots available. Park pays $40 towards water and sewer, trash and remaining amount of water and sewer are direct billed.
Location
Located south of Route 22 in Mundy' s Corner in the Laurel Mountains of Pennsylvania, Johnstown had a colorful history as a booming steel town in the 1800s. Johnstown is home to nearly 22,000 residents and our family-friendly neighborhoods, good schools, and superb quality of life are just a few of the
reasons why our residents have chosen this area as their home.
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Park Information
Number of MH Lots: | 125 |
Size: | 35 acre(s) |
Financial Information (Actual)
Gross Income: | $250,000 |
Operating Expense: | $89,796 |
Net Operating Income: | $80,404 |
Expense Ratio: | 35.9 % |