Mobile Home Park Details
- Listing ID: 718308
- Posted On: Nov 2, 2016
- Updated On: Nov 6, 2017
Description
Once in a lifetime opportunity to own one of the most aesthetically gorgeous manufactured home communities in Western Pennsylvania. There are utilities for 50 plus lots that are ready for new homes. There's room for an additional 200 lots which community will accommodate a total of 300 homes when completed. This opportunity has the potential to be valued at 8 figures when completed. All utilities are public which the new owners will have absolutely no utility cost which tenants pay for all. The new owner will receive the dealer licence, a franchise agreement from Commodore homes with special bulk pricing, operations office, staff and an elaborate advertising campaign. There are currently 62 occupied sites which include 21 park owned homes which has a value of 1 million dollars if new owners want to sell the homes. There are 7 brand new homes and 14 used which were fully rehabbed within past 12 months to alleviate any deferred maintenance which all were pre leased prior to completion and a current waiting list for qualified tenants. The roads were recently paved and electric transformers were updated to power homes for expansion. The local economy is booming which is in high demand for rentals and affordable housing. Conveniently located within 20 minutes to Morgantown West Virginia and Pittsburgh PA. Go to buyaltavillaestates.com and altavillaestates.com for more information.
Park Information
Community Type: | All Age |
Number of MH Lots: | 110 |
Average MH Lot Rent: | $300 |
Size: | 60 acre(s) |
RV Information
Number of RV Lots: | 110 |
Average RV Lot Rent: | $300 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |
Park-Owned Homes
Number of Park-owned Homes: | 20 |
Average Rent for Park-owned Homes: | $800 |