Contact Information

Mobile Home Park Details

  • Price: $1,048,000
  • Cap Rate: 6.5%
  • Property ID: 1365319
  • Posted On: Dec 7, 2020
  • Updated On: Feb 9, 2021

Property Description

This property is located 6 miles from the town of Wellsboro, PA. There are a total of 49 units, 35 mobile homes, and 14 storage-units. Approvals for 14 more storage-units are in place and potential for 17 more mobile homes. It has city sewer and private well. Nicely maintained.

Location

This property is located 6 miles from the town of Wellsboro, PA.

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Park Information

Number of MH Lots: 49
Total Occupancy: 95.0 %
Year Built: 1972
Size: 25 acre(s)

Financial Information

Gross Income $129,840
Operating Expense $51,727
Net Operating Income $68,033
Expense Ratio 39.8 %
Debt Info

Utility Information

Water: Well
Sewer: City

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