Woodcrest Manor Park
Glen Rock, PA
Lots: Total of Twelve (12) lots spanning 1659-1721 Wood Crest Lane
Acreage: +/- 4.26 Acres
Buildings: Eleven (11) lots owned and One (1) lot owned by occupant
Construction: Manufactured Homes
Zoning: A (Residential)
Ownership : Mobile Home Park under Condominium Association
Real Estate Taxes: $8,076
Lots Sold as Condominium Association
1 lot owned by trailer owner—$150 per month in rent
11 lots owned fee simple—$400 per month in rent
$54,600 per year gross rent - $8,076 real estate taxes
NOI: $46,524

Summerset Woods Park
Stewartstown, PA

Lots: Total of Ten (10) Lots on Blue Jay Lane
Acreage: 11.274 Acres (includes 5.3 acres of common area)
Buildings: Eight (8) lots owned by Sellers and Two (2) owned by occupants
Construction: Manufactured Homes
Zoning: A (Residential)
Ownership : Mobile Home Park under Condominium Association
2 lots owned by trailer owners—$150 per month = $300 per month in rent
8 lots owned fee simple - $400 per month = $3,200 per month in rent
$42,000 per year—$5,164 real estate taxes
NOI: $36,836