156 Maple Grove Cir - Manufactured Housing/Mobile Housing FOR SALE


Franklin, PA 16323
$1,750,000 USD
954-902-5248
156 Maple Grove Cir, Franklin, PA for Sale
$1,750,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/2
null | 7.69% Cap Rate

156 Maple Grove Cir
Franklin, PA 16323


HIGHLIGHTS

  • 42 Total Lots With 39 Mobile Homes - 21 Park Owned / RTO, 17 Tenant Owned, 4 Vacant Lots; @ Market Levels Rent Cap Rate Would Be Around 14%
  • Private Well/Septic; Underground Utilities Individually Metered Electric (Direct Billed), Water/Garbage/Sewage Included in Rent
  • 30'x 42' Maintenance Building Containing Water Treatment Plant
  • Additional 16 AC Parcel With a 24'x 48' Pole Barn and Sewage Treatment Plant
  • Sewer & Water Provided By the Park For 14 Homes (Outside of Park) Providing Additional Revenue of $1,400/MO
  • Eight 1/4-1/2 AC Residential Parcels Included in Sale Totaling 32.81 AC

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the Rocky Ridge Village MHP Located at 156 Maple Grove Cir in Franklin, PA. This Deal Includes a 42 Total Lots With 39 Mobile Homes - 21 Park Owned / RTO, 17 Tenant Owned, 4 Vacant Lots; @ Market Levels Rent Cap Rate Would Be Around 14%, Providing For a Secured Investment. In Cooperation With Sands Investment Group Philadelphia, LLC - Lic. #RB069072 BoR: Tom Gorman - Lic. PA #RM424383

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$1 USD /SF

# OF UNITS

39

PRICE/UNIT

$44,872

CAP RATE

7.69%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

32.81 AC

LAND SF

1,429,204 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Meagan BradySands Investment GroupMore Info
954-902-5248

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Meagan BradySands Investment GroupMore Info
954-902-5248

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.