UPDATED:
10/10/2024 01:11 PM
Key Details
Property Type Mobile Home, Commercial
Sub Type Mobile Home/Campgrounds
Listing Status Under Contract
Purchase Type For Sale
Square Footage 135,907 sqft
Price per Sqft $10
Subdivision None Available
MLS Listing ID PAME2000050
Originating Board BRIGHT
Year Built 1959
Annual Tax Amount $3,984
Tax Year 2023
Lot Size 3.120 Acres
Acres 3.12
Property Description
38 LOTS / 36 LOTS OCCUPIED / NO PARK OWNED HOMES / PUBLIC WATER / PUBLIC SEWER / HALF MILE FROM WALMART / $315 LOT RENT PLUS WATER, SEWER, & TRASH / METRON SMART WATER METERS INSTALLED AT EVERY HOME / BRAND NEW BLACKTOPPED ROADS IN 2022. RENT INCREASE OF $25 WILL GO INTO EFFECT 9/1/24 TO INCREASE THE TOTAL LOT RENT TO $340.
Sewer inspection completed and all repairs will be complete prior to closing as required by Grove City Borough. Sewer inspections are required for every property whose sewer ultimately ends up in Grove City’s sewer plant. All mains and laterals were camera inspected by a NASSCO Certified plumber. Electrical inspection report completed and available upon request.
3 brand new homes brought into the park over the last few years. Current owner has a property manager that lives a few miles away to oversee the property. Increase lot rent and fill 2 vacant lots for value add. Financials, Survey, and clean environmental phase 1 report are available for review. Call for more information! 8.5% Cap Rate assuming a 5% management fee. *Virtual aerial tour of the property is available to review* *Seller agent is related to Seller*
Location
State PA
County Mercer
Zoning ZONED R-1, SINGLE FAMILY
Interior
Hot Water Other
Heating Other
Cooling Window Unit(s), Central A/C
Heat Source Electric, Natural Gas, Propane - Owned
Exterior
Garage Spaces 152.0
Waterfront N
Water Access N
Accessibility None
Parking Type Driveway, On Street, Other
Total Parking Spaces 152
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Mercer Area
Others
Tax ID 22-205-109
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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