Contact Information

Mobile Home Park Details

  • Price: $2,750,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 6.8%
  • Property ID: 1100024
  • Posted On: Jun 29, 2019
  • Updated On: Aug 21, 2019

Property Description

Amazing opportunity to own this 17.34 acre Mobile Home Park in Montoursville School District. Near the YMCA Dome, this park has 66 spaces and the seller owns 19 of the mobile homes . 2017 all new water lines installed and in 2018 roads were paved. Plenty of room to grow means more income potential avail! Call Missy Magargle 570-560-1300

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Park Information

Community Type: All Age
Number of MH Lots: 66
Total Occupancy: 58.0 %
Average MH Lot Rent: $358
Size: 17.3 acre(s)

Financial Information

Gross Income $249,564
Operating Expense $61,761
Expense Ratio 24.7 %
Debt Info

Lot Information

Singlewide Lots: 29
Doublewide Lots: 10
Triplewide Lots: 0
Park Model Lots: 0

RV Information

Number of RV Lots: 0
Average RV Lot Rent: $0

Utility Information

Water: Well
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 19
Average Rent for Park-owned Homes: $575

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