298 Bailey Hill Road - Manufactured Housing/Mobile Housing FOR SALE


Killingly, CT 06239
$375,000 USD
860-208-4760

NO PHOTO

$375,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
null | Request Cap Rate

298 Bailey Hill Road
Killingly, CT 06239


HIGHLIGHTS

  • Directly off Bailey Hill Road

OVERVIEW

This private mobile home park has a lovely rural setting, close to Route 6. Currently there are 7 mobile homes on site, all privately owned. Pride of ownership is evident as most tenants have been there for many years, and have improved their homesites. The 7 mobile home owners currently pay $430 per month for lot rent which includes water, septic. The park owner has upgraded the well house with a propane generator to ensure tenants will have water during any power outage. Tenants pay their own utilities and maintain their lots for snow and landscaping. The 20 acre parcel offers potential for the new owner. Currently about 8 acres is used for the park, and the rest is a nice wooded area. This is a great price with 20 acres available. Buyer should do due diligence for possible uses. there is an 8th approved mobile home site that is currently empty space.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$71 USD /SF

# OF UNITS

7

PRICE/UNIT

$53,571

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20.5 AC

LAND SF

892,980 SF

ZONING

RD

APN/PARCEL ID

KILL-000187-000000-000012

ASK ABOUT THIS PROPERTY

Cathy DupreyDuprey Real Estate LLCMore Info
860-208-4760

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Cathy DupreyDuprey Real Estate LLCMore Info
860-208-4760

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