A 5.3 acre mobile home park consisting of (6) mobile home sites and a rancher (with basement) home. Property is located in Lancaster County along side the western border of Chester County. Both are fast growing.

(5) sites and rancher are accessed by an asphalt road about 500 feet long. (1) mobile home site has a private driveway. (THE RANCHER IS PRESENTLY RENTED FOR $960 per month!!!)

Electric service is aerial.
One well serves all of the homes. Each site has a dedicated water meter (located in the basement of the rancher) and a direct/dedicated water line to each home. (no splices). Pressure tanks are also located in the rancher.
The sewer system connects to two grinder pumps (owned by Salisbury Township) and then to the township sewer system.
The rancher has new exterior siding, windows and gutters (with leaf guard). The interior walls and woodwork have been recently painted and attic space insulated. Also, the chimney has a new stainless liner and exterior stucco.

Location-Location-Location:
Land value and population has grown rapidly in the last 10 years. Population in this area continues to grow at a rapid pace as the Montgomery,Delaware, Chester & Lancaster County suburbs continue to expand. Along with that comes continued growth of services.
Financial Situation:
The Park provides a mobile home site with facilities for which each mobile home owner pays a site fee plus water charges based on usage. Occupancy for the sites has been full for the last 15 years. The rancher’s rental history has been great barring a few times when it was vacant. All present tenants have a one year lease. They are stable tenants. With the growth in this area, it is almost a guarantee that full occupancy will continue.
A 20% deduction for qualified business income (QBI) is possible due to Tax Cuts & Jobs Act.
Suitability:
This investment is best suited for a soon (10 year horizon) to be retired, retired or semi-retired individual(s) who want to keep control of their hard earned 401k/IRA savings. A great opportunity for income and growth. Better than Wall Street, Insurance Companies or Investment Companies.