Multifamily Property For Sale - Belle Grove M. H. Park

5635 Belle Grove Road, Glen Burnie, MD, 21225

 
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Belle Grove M. H. Park

 

5635 Belle Grove Road

Glen Burnie, Maryland 21225
County: Baltimore City
 
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  For Sale Off-Market  
Type:Multifamily
Mobile Home/RV Community
No. Spaces:72
Lot Size:5.60 Acres
Price:N/A
Price/Space:N/A
Cap Rate:10.14%
Year Built:1965
Date Last
Verified:
3/29/2005
Property ID:14130582
 
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 Additional Information 

Property Description:
NOTE: Principal Only Posting! A 72 space park on 5.6 acres with city water/sewer ind metered and paid directly. On-street parking. Very stable occupancy with consistent history of rental increases. On-site Mgr who is doing an exceptional job. Included in sale is a 2,110 vacant office/service bldg on a 22,500 SF pad site. Formally a bar and could be rented again.

Location Description:
One half mile from I-895 and less than one mile south of Harbor Tunnel entering Baltimore, MD. Two miles from BWI I'ntl Airport. Property is in Anne Arundel County, MD., one of the hottest and strongest housing markets in the country.

 Highlights 
City water/sewer individually meteredSuperior Location
 
2004 Gross Income: $343,000.00No amenities
  Financial Summary Actual  
Net Operating Income:$253,500
 
  Space Mix Information
No Space Mix Information Provided
 
  Debt & Equity Information
No Debt & Equity Information Provided
2/18/2005




The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
 
 

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