Contact Information
Rick Hovanec
Mobile Home Park Details
- Price: $399,999
- Cap Rate: 5.1% (Actual)
- Listing ID: 6971480
- Posted On: Aug 29, 2025
- Updated On: Aug 29, 2025
Description
Mobile Home Park Investment Opportunity – Portage, PA
Discover an income-producing mobile home park in Portage, PA with strong upside potential. This property features 15 mobile home lots, offering steady rental income today with plenty of room for growth. Located in a convenient, accessible area, the park presents an excellent value-add opportunity for investors looking to increase cash flow through improved management, infrastructure upgrades, and higher occupancy rates.
Public water, direct bill to tenant
Public sewage, direct bill to tenant
Sewage lines all new, installed 2021
Underground electric, direct bill to tenant
Garbage, direct bill to tenant
Location
Located 1.5 hours east of Pittsburgh
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 15 |
| Total Occupancy: | 47.0 % |
| Year Built: | 1978 |
| Average MH Lot Rent: | $150 |
Financial Information (Actual)
| Gross Income: | $21,000 |
| Operating Expense: | $2,780 |
| Net Operating Income: | $18,220 |
| Expense Ratio: | 13.2 % |
Lot Information
| Singlewide Lots: | 15 |
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: | $700 |
