Contact Information

Zach Bullock
Fidler’s MHP LLC

Mobile Home Park Details

  • Price: $950,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.5% (Actual)
  • Listing ID: 5918609
  • Posted On: Apr 28, 2025
  • Updated On: Jun 15, 2025

Description

Forced appreciation of $240k+ ready for the next investor. Lot rents are well below market and water/sewer are not yet billed to tenants. The community is located at 1 Fidler Court, Pine Grove, PA 17963.​ This 15 lot mobile home park, situated on 4.16 acres has two vacant lots that are currently being infilled with new homes (3 bed, 2 full bath). The remaining 13 lots are all tenant-owned homes, ensuring a steady income stream with low maintenance and tax expenses. The current owner will provide a comprehensive list of reliable vendors who service the park to ensure seamless management transition day one.​ Don't miss the opportunity to own this lucrative property with substantial appreciation primed.​ Grow your wealth by taking advantage of the overwhelming demand for affordable housing.​ Contact us today for more information including P&L, rent roll, etc.

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Park Information

Community Type: All Age
Number of MH Lots: 15
Total Occupancy: 100.0 %
Average MH Lot Rent: $506
Size: 4 acre(s)

Financial Information (Actual)

Gross Income: $91,200
Operating Expense: $10,418
Net Operating Income: $80,782
Expense Ratio: 11.4 %

RV Information

Number of RV Lots: 0

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

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