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- LoopNet Team
1 Cubb
Windsor, VT 05089
Mt. Ascutney MHP · Land For Sale
·
3.90 AC
INVESTMENT HIGHLIGHTS
- 16-lot, all-age mobile home community located within the scenic Connecticut River Upper Valley
- Priced at ~$27,187 per lot
- Proforma Cap Rate (Yr 10): 15.20%
- 100% TOH
- Annualized gross income (going-in): $54,240
- Value-add & hold opportunity with significant NOI upside via new home sales revenue & monthly lot rents upon occupancy
PROPERTY FACTS
| Property Type | Land | Proposed Use | Manufactured Homes or Mobile Home Park |
| Property Subtype | Commercial | Total Lot Size | 3.90 AC |
| Zoning | LD | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Manufactured Homes or Mobile Home Park |
| Total Lot Size | 3.90 AC |
| Zoning | LD |
DESCRIPTION
The community is located in a quiet, country setting located directly east of Black Mountain Road (44A). The park sits ~13.4 miles west of Interstate 91, a primary north-south thoroughfare in New England. Moreover, the property is located ~1.4 miles northwest of Mt. Ascutney State Park & ~22.2 miles southwest of Dartmouth College within the scenic Connecticut River Upper Valley. The property maintains a private well with no yield issues, and is connected to the municipal sewer system. The asset common areas & homes are well-maintained with pride of ownership.
PROPERTY TAXES
| Parcel Number | 768-244-11869 | Improvements Assessment | $95,470 |
| Land Assessment | $144,000 | Total Assessment | $239,470 |
PROPERTY TAXES
