Contact Information
Rick Hovanec
Mobile Home Park Details
- Price: $990,000
- Listing ID: 6970995
- Posted On: Aug 28, 2025
- Updated On: Aug 28, 2025
Description
Located in the heart of the beautiful Laurel Highlands in Melcroft, PA, this 40-pad mobile home park (expandable to 87 pads) offers an exceptional opportunity for investors seeking upside in a strong location. Surrounded by rolling hills and a peaceful rural setting, the park features on-site laundry equipment and a dedicated laundry room, along with a separate office building for property management.
While currently underperforming and in need of improved operations, the park has solid infrastructure and strong demand in the area—presenting significant potential for increased occupancy and cash flow. With ample space and infrastructure in place to add 48 additional pads, this property is ideal for a value-add investor looking to reposition and grow a mobile home community in one of Western Pennsylvania’s most scenic regions. Water is sub metered billed directly to tenant. Water lines in park owned by water company. Electric direct billed to tenant.
Whether you're expanding your portfolio or entering the mobile home park space, this opportunity combines natural beauty with strong investment fundamentals.
Location
Located 1 hour and 15 minutes southeast of Pittsburgh, PA
Park Information
Community Type: | All Age |
Number of MH Lots: | 40 |
Total Occupancy: | 40.0 % |
Year Built: | 1977 |
Average MH Lot Rent: | $375 |
Size: | 29 acre(s) |
Financial Information (Actual)
Gross Income: | $64,572 |
Operating Expense: | $38,266 |
Net Operating Income: | $26,306 |
Expense Ratio: | 59.3 % |
Lot Information
Singlewide Lots: | 40 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | Treatment Plant |