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: New Loan
- Cap Rate: 7.0%
- Listing ID: 811431
- Posted On: May 9, 2017
- Updated On: Sep 14, 2017
Description
Marcus & Millichap is pleased to present an opportunity to acquire a Three MHC portfolio located in Central Pennsylvania. These are all-age communities that consist of 439 total sites with a global occupancy rate of 85 percent and only 27 POH.
All three communities must be purchased together.
Location
The Keystone Portfolio is a three MHC Portfolio located in Central Pennsylvania near Wilkes-Barre MSA, Williamsport MSA and Selinsgrove.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 439 |
| Total Occupancy: | 85.0 % |
| Year Built: | 0 |
| Average MH Lot Rent: | $297 |
| Size: | 117 acre(s) |
Financial Information
| Gross Income: | $1,634,807 |
| Operating Expense: | $680,494 |
| Net Operating Income: | $954,313 |
| Expense Ratio: | 41.6 % |
Lot Information
| Singlewide Lots: | 439 |
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