Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Purchase Method: Cash, Seller Financing
  • Listing ID: 814174
  • Posted On: May 17, 2017
  • Updated On: Aug 28, 2018

Description

55+ Older Community, sixty unit park on 16 1/2 acres. Private sewer and water. Owner financing asking price $2,900,000 with $1,200,000 down financing $1,700,000 paid at 5 percent fixed rate for 13 years. There is a 12.67 percent capt rate

Located behind the Lowe's, 3 miles north of Stroudsburg Pa. In Bartionville Pa.
the roads are owned and maintained by the county in the park.located less than 1 mile from 1-80

Amenities

  • Laundromat
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Park Information

Community Type: 55 And Over
Number of MH Lots: 60
Total Occupancy: 95.0 %
Average MH Lot Rent: $465
Size: 17 acre(s)

Financial Information

Gross Income: $427
Operating Expense: $90
Net Operating Income: $337
Expense Ratio: 21.1 %

Lot Information

Singlewide Lots: 60

Utility Information

Water: Well
Water Paid By: Park
Sewer: Treatment Plant

Park-Owned Homes

Number of Park-owned Homes: 27
Average Rent for Park-owned Homes: $800

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