Listing Broker : Eric Wanck
Contact Eric Wanck : +1-678-932-0200
OSCEOLA MILLS, PA - The MHP Broker is proud to present the opportunity to purchase Mapledale Mobile Home Community. Residing just west of Centre County and State College, PA, this 34-pad park offers an investor an easy turnkey operation with upside potential. The community features all tenant-owned homes with city water and sewer.

Of the 34 permitted lots, 27 are currently occupied paying $240/month, which includes water and sewer charges. Rents have just started to be raised to $260/month for a majority of tenants starting in 2022. Utilities could be submetered to cut down on the water/sewer expense drastically. Roads are gravel, but in overall good condition. A tenant currently handles the day-to-day management and receives free lot rent in lieu of compensation. Three lots are vacant and rent-ready, with the remaining four needing full infrastructure.