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 %

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