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Country Courts Enterprises 15 Decasper Dr 37 Unit Mobile Home Park $1,180,000 ($31,892/Unit) 7.59% Cap Rate Lewis Run, PA 16738

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EXECUTIVE SUMMARY

Presenting a unique and well-maintained income-producing property ideally situated at the entrance to Allegheny State Park. This versatile asset includes two single-family residences, twenty-eight (28) storage units, and seven (7) mobile homes, offering multiple established revenue streams with strong potential for expansion. The property features a well-maintained sewage treatment facility and ample acreage to accommodate additional storage units or mobile homes, supporting future growth and increased income potential. The current owners have maintained the property to high standards for the past 22 years, ensuring stable operations and a clean, functional infrastructure.
Given its prime location, consistent occupancy, and long-term operational history, this property represents an attractive investment opportunity for those seeking diversified income and scalability in a recreationally active region.
The sellers are motivated as they prepare for retirement, providing a rare chance to acquire a proven, well-performing property with immediate cash flow and development upside.
Highlights:
- Two (2) single-family homes
- Twenty-eight (28) storage units
- Seven (7) mobile homes
- Existing sewage treatment facility
- Expansion potential for additional units or homes
- Meticulously maintained by the same owners for 22 years
- Located at the gateway to Allegheny State Park
Lewis Run, PA is home to picturesque views, excellent restaurants and nightlife options. Stroll along Main Street or take a day trip to Allegheny National Forest, where visitors can find ample opportunities for fishing and camping. Small metro area set in the woodlands and highlands of the Mideast region. Primary industries include manufacturing and oil. Also known as a college town. - Located in north-central Pennsylvania, 35 miles south of Olean, New York, and 70 miles north of DuBois.

PROPERTY FACTS

Price $1,180,000
Price Per Unit $31,892
Sale Type Investment
Cap Rate 7.59%
Gross Rent Multiplier 9.51
No. Units 37
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 5.72 AC
Building Size 16,950 SF
Average Occupancy 100%
No. Stories 1
Year Built 1970
  • Listing ID: 37346902

  • Date on Market: 8/20/2025

  • Last Updated:

  • Address: 15 Decasper Dr, Lewis Run, PA 16738

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