Mobile Home Park Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 20.0%
  • Listing ID: 507249
  • Posted On: Feb 5, 2015
  • Updated On: Mar 17, 2015

Description

Sealed Bid Sale: Mobile Home Parks in Marydel, MD. Two adjacent mobile home parks known as Cedar (93 units) and Hilltop (16 units). The offering consists of 5 parcels totaling 35.54+/- acres; this also includes an old farm house. Hilltop is serviced by well and septic. Cedar has an on-site Waste Water system with central water supply. Roadways are solid surface asphalt. Approximately 64 homes are owned by seller in varying conditions with some being occupied and some vacant in need of repair.

Directions to the property: From Rt 8 Dover Delaware go West into Maryland, Left on 311 (Henderson Road). Lepore Road is ½ mile on the right.

For More Information, Please Visit Our Website
http://www.tranzon.com/FX7244

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Park Information

Number of MH Lots: 109
Size: 36 acre(s)

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