509-545 E Main st - Commercial LAND FOR SALE


Branford, CT 06405 470,884 SF
$4,900,000 USD
203-348-8566
509-545 E Main st, Branford, CT for Sale
$4,900,000 USD
Commercial LAND - FOR SALE
1/5
470,884 SF

509-545 E Main st
Branford, CT 06405


HIGHLIGHTS

  • A High Quality Mobile Home Parks with huge upside potential.
  • HAS SIGNIFICANTLY BELOW MARKET RENTS!!!!
  • A turn-key, plug and play investment.
  • Well maintained with a maximum of 82 homes. ($4.9M individually)
  • Purchase price is $59,000 per pad (per rent paying home)

OVERVIEW

The Shoreline Mobile Home Park is a well maintained community with a maximum of 82 homes, offering a huge upside potential. The purchase price is $4.9MM or $59,000 per pad (per rent paying home). This can also be purchased as a portfolio opportunity with 11-21 School Ground Road, Branford CT and 217 Dunham St, in Southington, CT for $9,230,000.00 (1031 Exchange) 9.12% cap rate and a combined NOI $ 842,000

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/ACRE

$453,284/AC

PRICE/SF

$10 USD /SF

# OF LOTS

-

ON GROUND LEASE

Yes

LAND DETAILS

PROPERTY NAME

Shoreline Mobile Home Park

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

10.81 AC

LAND SF

470,884 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

Mobile Home Park

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Peter GrayPyramid Real Estate GroupMore Info
203-348-8566

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Peter GrayPyramid Real Estate GroupMore Info
203-348-8566

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