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Address is 10985 Brittany Dr. Harmonsburg, PA 16316

Duane Beilstein

Victoria Estates Mobile Home Park

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Victoria Estates Mobile Home Park

Multi Family Housing for Sale in Harmonsburg, Pennsylvania

10985 Brittany Dr.
Harmonsburg, PA 16316

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Mobile Home Park for Sale

Number of MH Lots: 26
Size: 9 acre(s)
Cap Rate: 12.7%
Purchase Method: Cash
Status: Active
Property ID: 16037
Posted on: Sep 02, 2010
Updated on: Oct 19, 2010

Property Description

26 Unit mobile home park with 9 acres, room for expansion. Park has city sewer, and a newly installed D.E.P. water system. Most tenants are long term. Paved streets and new street lights. Has a newer maintenance building. Nice quiet setting.

Location Description

Located in Harmonsburg, PA, which is next to Conneaut Lake, PA.. Approximately 2 miles from Conneaut Lake Park,

Park Information

Number of MH Lots:26
Total Occupancy:96.0%
Year Built:1970
Average MH Lot Rent: $255
Size:9.0 acre(s)

Financial Information (Actual)

Gross Income$79,000
Operating Expense$28,000
Net Operating Income$50,000
Expense Ratio 35.4%
Debt Info

Lot Information

Singlewide Lots:25
Doublewide Lots:1
Triplewide Lots:0
Park Model Lots:0

RV Information

Number of RV Lots:0

Utility Information

Water:Well
Water Paid By: Park
Sewer:City

Park-Owned Homes

Number of Park-owned Homes:0