11 School Ground Rd - Commercial LAND FOR SALE
Branford, CT 06405 | 261,360 SF
$2,000,000 USD
203-348-8566
11 School Ground Rd
Branford, CT 06405
HIGHLIGHTS
- A High Quality Mobile Home Park with huge upside potential.
- HAS SIGNIFICANTLY BELOW MARKET RENT!!!!
- A turn-key, plug and play investment.
- A pristine mobile home park with a maximum of 27 homes. ($2M individually)
- All new infrastructure including all new water mains in 2024
- Purchase price is $75,000 per pad (per rent paying home)
OVERVIEW
The School Grounds community is a pristine mobile home park with a maximum of 27 homes. This can also be purchased as a portfolio opportunity with 509-545 East Main Street, Branford, CT and 217 Dunham St, in Southington, CT for $10,000,000.00 (1031 Exchange), 8.5% cap rate and a combined NOI $ 842,000.
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/ACRE
$333,333/AC
PRICE/SF
$8 USD /SF
# OF LOTS
-
ON GROUND LEASE
Yes
LAND DETAILS
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
-
LAND ACRES
6 AC
LAND SF
261,360 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone
ZONING
Mobile Home Park
APN/PARCEL ID
-
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203-348-8566
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203-348-8566
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