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Royal Manor Village 465 Royal Manor Rd 10 Unit Mobile Home Park $2,300,000 ($230,000/Unit) 8.70% Cap Rate Easton, PA 18042

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EXECUTIVE SUMMARY

Royal Manor Village is a rare investment opportunity offering both immediate income and investor-preference flexibility, all set in a peaceful private location with beautiful long-distance views. Ideally located just 10 minutes to both Bethlehem and Easton, and only 5 minutes to I-78, the property provides convenient access to major routes while maintaining a quiet, rural atmosphere. This property is located close to a variety of recreation opportunities, including the Delaware River and Canal, Fry’s Run Park, and Mariton Wildlife Sanctuary, making it attractive to both residents and future buyers. The property includes two tenant-occupied, stick-built single-family homes with current leases in place, providing stable, ongoing cash flow from day one. In addition, there are eight brand-new manufactured homes that are move-in ready but currently unoccupied, giving the new owner a blank canvas to maximize returns. Whether you choose to rent all ten homes or sell the individual homes while retaining ownership of the lots to collect lot rents, the flexibility of this property is unmatched. The infrastructure has been completely redone, including a newly paved private roadway and an upgraded septic system, minimizing future capital needs and ensuring low-maintenance operations. With a projected gross income of $225,700 per year, Royal Manor Village is ideal for an investor looking to add a high-yielding asset to their portfolio while benefiting from a fully modernized setup in a highly desirable setting.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,300,000
Price Per Unit $230,000
Sale Type Investment
Cap Rate 8.70%
Gross Rent Multiplier 11
No. Units 10
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Single-Family Home
Building Class C
Lot Size 2.77 AC
Building Size 10,000 SF
No. Stories 1
Year Built 2025
Zoning Mobile Home

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer Hookup
  • Tub/Shower
  • Views
  • Deck

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 $1,653 537 - 693
2+2 2 $1,735 773
3+2 30 $2,035 933 - 1,600
3+1 19 $1,890 1,200
  • Listing ID: 36227729

  • Date on Market: 6/12/2025

  • Last Updated:

  • Address: 465 Royal Manor Rd, Easton, PA 18042

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