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- LoopNet Team
18 Grove Ave
New Brighton, PA 15066
Multifamily Property For Sale
·
149,411 SF
INVESTMENT HIGHLIGHTS
- EXCELLENT LOCATION
- VALUE ADD INVESTMENT FOR THE SEASONED MHP BUYER
- ROOM FOR EXPANSION AND INCREASED REVENUE
PROPERTY FACTS
| No. Units | 20 | Lot Size | 3.43 AC |
| Property Type | Multifamily | Building Size | 149,411 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Single-Family Home | Year Built | 1958 |
| Building Class | C |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 3.43 AC |
| Building Size | 149,411 SF |
| No. Stories | 1 |
| Year Built | 1958 |
ABOUT 18 GROVE AVE , NEW BRIGHTON, PA 15066
DENMAN MOBILE HOME PARK IS LOCATED ON 3 PARCELS SPLIT BETWEEN NEW BRIGHTON BORO AND PULASKI TOWNSHIP. THE THREE PARCELS TOTAL 3.43 ACRES AND HAVE A TOTAL OF 20 MOBILE HOME SITES. THERE ARE CURRENTLY 6 MOBILE HOME OWNERS ON AN ANNUAL LEASE. THERE IS SO MUCH ROOM TO DEVELOP THIS PARK. IT IS DEFINITELY A VALUE ADD INVESTMENT FOR THE SEASONED MHP BUYER WHO REALIZES ITS POTENTIAL. SEE MAPS FOR THE LAYOUT OF THE PARK. THE OWNER HAS RELOCATED OUT OF STATE. THERE HAS BEEN A SIGNIFICANT DECREASE IN THE PRICE TO ATTRACT NEW INVESTORS. WATER AND SEWAGE ARE BILLED DIRECTLY TO THE OWNER OF THE PARK. THE SELLER THEN CHARGES $40 EACH MONTH TO EACH HOME OWNER IN ADDITION TO THEIR RENTAL PAYMENT. THIS PARK WOULD COST OVER $1M EXCLUDING ENGINEERING AND LAND TO BUILD IN TODAY'S MARKET.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 20 | - | - |
PROPERTY TAXES
| Parcel Number | 43-002-0617.000 | Improvements Assessment | $0 |
| Land Assessment | $11,050 | Total Assessment | $11,050 |
PROPERTY TAXES
