Photo of Mobile Home Park
Mobile Home Park Details
- Cap Rate: 10.6%
- Listing ID: 614735
- Posted On: Jan 4, 2016
- Updated On: May 11, 2016
Description
Marcus & Millichap is pleased to present a mobile home park located in Western, Pennsylvania. The community consists of 105 MH Sites with an
additional 29 RV Sites provided with public water and a
private sewage plant.
The community is within one hour of Pittsburgh, which has a
population above 350,500. Also within 30 minutes of
Youngstown, offering quick access to both cities via major
highways. Major employers consist of real estate and
development, health care, universities, and manufacturing.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 134 |
| Total Occupancy: | 81.0 % |
| Year Built: | 1970 |
| Average MH Lot Rent: | $224 |
| Size: | 55 acre(s) |
Financial Information
| Gross Income: | $352,362 |
| Operating Expense: | $166,783 |
| Net Operating Income: | $185,579 |
| Expense Ratio: | 47.3 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
