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22353159
15494623

347 Church St, Corsica, PA 15829

Berkshire Hathaway HomeServices The Preferred Realty - Punxsutawney
Listed by Berkshire Hathaway HomeServices The Preferred Realty - Punxsutawney
$700,000
808 days on market
Updated 30 days ago

Timberview Estates

Details
Property Type Mobile Home Park, Special Purpose
Sub Type Garage/Parking, Multi-Family
Units 7
Class B
Year Built 2013
Buildings 7
Acreage 41.700
Zoning Commercial
Parking Spaces per unit
Investment Type Owner/User

Your own slice of the American Dream! Live life on your terms, endless possibilities!

Marketing description

Adressed as 347-495 Church St, Corsica PA. This property is located between Clarion and Brookville, PA, just off RT 322 and I-80. The site encompasses approximately forty-two acres on the East, West, and North side of Church St Extension and includes all of Timberview Alley. It is currently operated as a small, profitable manufactured home community that has been designed and approved for a total of three phases of future development.

Existing Infrastructure:

  • A Municiple sewer and water lines serve 100% of the existing facility and are currently located along the right of way on Church Street and in the middle of the street along Timberview Alley.

  • Six taps from Phase 1 are immediately available. Four {4} on Timberview Alley and two {2} along Church Street, one on the northern end and one between 347 Church and 365 Church that will serve as the community tap for Phase 2 {west side development area.

A manhole cover at the end of Timberview alley reveals a cement cast box with a prepared knockout, allowing for further development towards the east.

Development Plan

Phase 1

  • Four open sites on Timberview Alley.

  • One open site, 403 Church Street Ext.

Phase 2a

  • Planned Development & twenty-four open sites on Plateau, which is the initial portion of the Western Development.

Phase 3

  • Planned Development and twenty-two open sites.

  • Twenty-two spots on the East side.

Phase 4

  • Balance of 135 sites and completion of Phase 2 development.

  • This Development could appeal to those seeking an RV Park and or a Mobile Home Park.

    • RV Park - Estimated to accommodate eight recreational vehicles per acre.

    • Mobile Home Park - Designed to fit six modular homes per acre.

  • If developed as an RV Park, the new owner would need to install:

    • A dumping station for waste

    • A communal area with showers and bathrooms

Regulatory Considerations

  • Phase 2 & 3 of development is subject to Federal Stormwater regulations.

  • A retention pond for runoff is already in place but may require expansion.

  • The DEP typically requires an annual EPA-Certified Inspector to conduct an inspection.

This property presents a significant opportunity for a RV Park or Mobile Home Development, with much of the basic infrastructure already in place to support future growth.

Infrastructure & Expansion Potential

  • Utilities & Services: The site has access to electricity, public sewers, and water.

  • Phase 2 & Phase 3 development.

  • Infrastructure is not yet in place.

  • Expansion metering boxes for water and sewer were installed during Phase 1.

  • Sewer taps have been prepaid for 4-5 lots, allowing for immediate expansion.

  • Phase 2 rough grading is complete, through utilities still need to be installed. Junction boxes are in place.

Stormwater Managment

  • Fully installed for Phase 1

  • Expansion will require enlarging the lower stormwater pond.

Additional Land & Lot Details

  • The property included land with the cul-de-sac, with space available for one additional trailer.

  • The last home in the area is 401, on the west side of Church St. Ext.

  • Lot 403 has existing water and electric connections.

  • Along Timberview Alley, there is space to build 2-3 family stretch homes, row housing, or units suitable for rentals.

With essential groundwork completed and key utilities prepared for expansion, this property presents a strong opportunity for growth.

Option 1} Land and homes at 365, 383, 399, 401 and land under 375 and empty lot at 403. The west side of Church St Ext to end of the cul-de-sac $250,000

Option 2} 370 Timberview and the garage/land behind the home $125,000

Option 3} Timberview Alley and expansion area east $150,000

  • Includes all the land and homes at #29 Timberview and #66. #26 home is owned by another, but the land is owned by Timberview. Eastern expansion area.

Option 4} Home at 347 and land behind and entire west expansion area to the west. $225,000

Option 5} The Entire Site including all the above. $700,000

Investment highlights

Prime location. Located along Route 322 near Corsica with easy access to Interstate I-80

Established RV Park Investment Opportunity-Residents in Place!

Own a profitable RV park with a stable residency base already established. This is a fantastic opportunity to acquire a proven income stream with minimal vacancy risk.

Immediate Cash Flow

Stable Occupancy

Low Maintenance

Growth Potential

This turn-key RV park is perfect for investors seeking a hassle-free investment with a steady return.

Listing Contacts

Berkshire Hathaway HomeServices The Preferred Realty - Punxsutawney
Listed by Berkshire Hathaway HomeServices The Preferred Realty - Punxsutawney

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