30 Unit MHP #2007-IV - for Sale in Stroudsburg, Pennsylvania
100 Stony Brook Rd
Stroudsburg, PA 18360
View on Map
Email Seller
Seller Information
Brian CoyneMichael Baxter & Associates Commercial Real Estate
Mobile Home Park for Sale |
|
| Number of MH Lots: | 30 |
| Size: | 21.5 acre(s) |
| Cap Rate: | 11.1% |
| Purchase Method: | Cash, New Loan |
| Status: | Active |
| Property ID: | 72667 |
| Posted on: | Jun 17, 2011 |
| Updated on: | Feb 15, 2012 |
| Price: | $1,000,000 |
Property Description
Rare investment opportunity! Mobile home park in convenient central location near shopping and major roadways including I-80, SR 611and SR 33. Currently 29 lots are occupied with strong rental history. NO park owned units. Potential expansion.
A signed Non-Disclosure Agreement is required to review financial information.
Location Description
Stroudsburg, PA - Pocono Mountains
Park Information
| Number of MH Lots: | 30 |
| Total Occupancy: | 97.0% |
| Average MH Lot Rent: | $470 |
| Size: | 21.5 acre(s) |
Financial Information (Actual)
| Gross Income | $169,200 |
| Operating Expense | $44,479 |
| Net Operating Income | $116,261 |
| Expense Ratio | 26.3% |
| Debt Info |
Lot Information
| Singlewide Lots: | 72 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | Septic |
Park-Owned Homes
| Number of Park-owned Homes: | 0 |
Other Properties from Seller
|
36 Lot Mobile Home Park #2081-IV For Sale in Saylorsburg, PA $1,400,000 |
See All 2 Listings