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11390 Cross Station Rd 39 Unit Mobile Home Park $1,395,000 ($35,769/Unit) 7.50% Cap Rate Girard, PA 16417
INVESTMENT HIGHLIGHTS
- Off of busy Route 20
EXECUTIVE SUMMARY
This is a well-maintained 39-unit trailer park located immediately south of Route 20 on Cross Station Road in Girard. The revenues are well established; rent roll and additional financial information available after confidentiality agreement and proof of funds or a lender's letter are supplied. The sewer system and water system are privately owned and operated but are well maintained and very sufficient for the park's needs. The property is priced for 7.5% ROI. 25 trailers are owned by seller.
PROPERTY FACTS Under Contract
| Price | $1,395,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $35,769 | Building Class | C |
| Sale Type | Investment | Lot Size | 8.61 AC |
| Cap Rate | 7.50% | Building Size | 929,570 SF |
| No. Units | 39 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1990 |
| Zoning | R-3 - Residential High Density | ||
| Price | $1,395,000 |
| Price Per Unit | $35,769 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 8.61 AC |
| Building Size | 929,570 SF |
| Average Occupancy | 90% |
| No. Stories | 1 |
| Year Built | 1990 |
| Zoning | R-3 - Residential High Density |
AMENITIES
SITE AMENITIES
- Playground
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 39 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 24-008-065.0-001.01 | Improvements Assessment | $159,400 |
| Land Assessment | $75,900 | Total Assessment | $235,300 |
PROPERTY TAXES
Parcel Number
24-008-065.0-001.01
Land Assessment
$75,900
Improvements Assessment
$159,400
Total Assessment
$235,300
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11390 Cross Station Rd
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