Mobile Home Park

Wedgewood MHC

23 Minton Dr, Selinsgrove, PA 17870

Listing Price: $3,600,000

Cap Rate
6.00%
Number of Spaces
77
Lot Size
19.16 acres
Occupancy
91.0%
Price/Space
$46,753
Spaces/Acre
4.02
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Wedgewood MHC located in Selinsgrove, PA. The community contains 77 sites situated on 19.16 Acres. Wedgewood MHC is currently 91 percent occupied with only one POH. The community has the luxury of having both public water and sewer, with the water being directly billed to the tenants. Sewer is not submetered, rather the municipality bills the seller a flat rate charge, per user, quarterly and then the seller bills the tenant the same flat rate. The community has attractive assumable debt. See page 9 for more detailed information.

Investment Highlights

  • Opportunity to Acquire 77 Sites Located in Selinsgrove, PA
  • 91 Percent Occupied
  • Public Water and Sewer
  • Attractive Assumable Debt

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

Listing Price: $3,600,000

Cap Rate
6.00%
Number of Spaces
77
Lot Size
19.16 acres
Occupancy
91.0%
Price/Space
$46,753
Spaces/Acre
4.02
Year Built
1980

Investment Highlights

  • Opportunity to Acquire 77 Sites Located in Selinsgrove, PA
  • 91 Percent Occupied
  • Public Water and Sewer
  • Attractive Assumable Debt

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Wedgewood MHC located in Selinsgrove, PA. The community contains 77 sites situated on 19.16 Acres. Wedgewood MHC is currently 91 percent occupied with only one POH. The community has the luxury of having both public water and sewer, with the water being directly billed to the tenants. Sewer is not submetered, rather the municipality bills the seller a flat rate charge, per user, quarterly and then the seller bills the tenant the same flat rate. The community has attractive assumable debt. See page 9 for more detailed information.

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

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