Contact Information
Rick Hovanec
Mobile Home Park Details
- Price: $1,400,000
- Cap Rate: 5.6% (Actual)
- Listing ID: 6969355
- Posted On: Aug 25, 2025
- Updated On: Nov 13, 2025
Description
Excellent investment opportunity in Avonmore, Pennsylvania!
This mobile home park is already generating steady income and offers plenty of upside for a hands-on investor. Situated in a quiet, small-town setting, the property provides affordable housing options that are always in demand.
Key Highlights:
Consistent Cash Flow – Established tenant base with ongoing rental income.
Multiple Pads – Room to grow revenue through improved management or adding homes.
Investor-Friendly Market – Strong rental demand in the Avonmore area ensures long-term stability.
Low Maintenance Asset – Manufactured housing communities are known for predictable operating costs and solid returns.
Whether you’re a seasoned investor or just getting started in mobile home parks, this property is a rare chance to acquire an income-producing asset at an attractive price point.
SELLER FINANCING NOT AVAILBALE
Location
Located 45 minutes east of Pittsburgh, PA.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 33 |
| Total Occupancy: | 85.0 % |
| Year Built: | 1978 |
| Average MH Lot Rent: | $300 |
| Size: | 5 acre(s) |
Financial Information (Actual)
| Gross Income: | $88,080 |
| Operating Expense: | $9,327 |
| Net Operating Income: | $78,753 |
| Expense Ratio: | 10.6 % |
| Debt Info: | None |
Lot Information
| Singlewide Lots: | 33 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 1 |
| Average Rent for Park-owned Homes: | $540 |
