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LaBranche Mobile Home Park 12 Daisy Ln 51 Unit Mobile Home Park $3,000,000 ($58,824/Unit) 3.98% Cap Rate Franklin, NH 03235

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INVESTMENT HIGHLIGHTS

55+ Manufactured Home Community
Park-Like Setting & Community Feel

17.5 Total Acres
Significant Upside

EXECUTIVE SUMMARY

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the LaBranche Mobile Home Park, a 55+ manufactured home community located in Franklin, NH (the “Property”). The Property is spread out over 17.5 acres of land, the quiet setting offers a traditional neighborhood feel with tree-lined streets and green space. The community contains fifty-one (51) mobile home sites and was originally established in 1965. Each tenant is responsible for their own oil and propane powered heat and hot water, as well as separately metered electricity, which tenants pay directly. The Landlord is responsible for providing common area electric, and public water and sewer. LaBranche Mobile Home Park is located just off Route 3A (NH-3A), along the Pemigewasset River and just 1.2 miles away from Webster Lake. The Property offers its residents tranquil living in the inviting state of New Hampshire. Labranche Mobile Home Park is located within Merrimack County, and offers numerous dining, recreational, shopping, and family oriented amenities.

PROPERTY FACTS

Price	$3,000,000	Apartment Style	Garden
Price Per Unit	$58,824	Building Class	C
Sale Type	Investment	Lot Size	17.50 AC
Cap Rate	3.98%	Building Size	25,500 SF
No. Units	51	No. Stories	1
Property Type	Multifamily	Year Built	1965
Property Subtype	Manufactured Housing/Mobile Home	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R2

Price	$3,000,000
Price Per Unit	$58,824
Sale Type	Investment
Cap Rate	3.98%
No. Units	51
Property Type	Multifamily
Property Subtype	Manufactured Housing/Mobile Home
Apartment Style	Garden
Building Class	C
Lot Size	17.50 AC
Building Size	25,500 SF
No. Stories	1
Year Built	1965
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R2