Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1978
Sq.Footage
10,266
Great real estate investment! 10 mobile homes all rented and owned by the Rivers Ridge Mobile Home Park! Park Infrastructure and all homes renovated in the past 11 years with new kitchens, baths and flooring! There are Five 3 bedroom and 2 bath homes, One 2 bedroom and 2 bath home and Four 2 bedroom and 1 bath homes. Eight homes have drywalled interiors. All mobile homes have private parking, yards and storage sheds. Propane gas for heating and central air. Plus a few mini-splits. Most homes 900 sq ft M/L except for the modular home which is 2100 sq ft plus a 2-car oversize heated and cooled garage. Also an extra detached 20 x 12 garage. Long term residents with just one turnover in the last year. There are two wells that supply the water to the park and the sewer is public. Gross Income - $119,580. Expenses - $28,026. Net Income - $91,554. Cap Rate .077 Additional details of Income & Expenses in associated documents. Seller will consider 50% owner financing or may hold a second mortgage for a qualified investor. Qualified Buyers Only!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Propane, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding, Aluminum Siding
-
Parking
Paved, Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
1.79
-
Lot Size(square feet)
78,094
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,195,000
-
Tax Amount
$10,886
-
Financing Options
Conventional, Cash, Seller Financing
-
Sq. Footage
10,266
-
Price/SqFt
$116
HOA
-
Association
No
School District
-
Elementary School
YORK HAVEN
-
Middle School
NORTHEASTERN
-
High School
NORTHEASTERN SENIOR
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Well
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Location
County
YORK
Elementary School
YORK HAVEN
Middle School
NORTHEASTERN
High School
NORTHEASTERN SENIOR
Listing Courtesy of Stephen M Hawbecker , RE/MAX Realty Associates
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Owner, President, Investment Property Advisor
Theresa Kehler
Call Theresa today to schedule a private showing.
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