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16676439
16676440

153 W Pennsylvania Ave, New Stanton, PA 15672

JS
PA PA AB069407
REAL of Pennsylvania
Listed by REAL of Pennsylvania
$649,000
787 days on market
Updated 24 days ago

Starlite Mobile Home Park

Details
APN 64-04-13-0-036, 037
Property Type Mixed Use, Mobile Home Park
Square Footage 130,962
Units 12
Cap Rate 6.61%
NOI $42,894
Occupancy 60%
Tenancy Multi
Lease Type NN
Pro-Forma Cap Rate 13.26%
Pro-Forma NOI $86,074
Broker Co-Op Yes
Class B
Buildings 3
Stories 1
Acreage 3.100
Zoning B-1
Investment Type Owner/User
Tenant Credit Credit Rated
Occupancy Date 03/01/2026
Ownership 100

Phenominal Development Opportunity

Marketing description

Starlite Mobile Home Park at 153 W Pennsylvania Ave, New Stanton, PA 15672 presents an exceptional investment opportunity in a prime location. This 3.1 acre property is located at the New Stanton exit off I-70, offering incredible visibility to over 75,000 daily passing vehicles. Currently operating as a mobile home park with 23 pads with the option to ass more, this flat parcel is ripe for A NEW OWNER. Take advantage of the area's growth due to the nearby NEW Amazon warehouse. Positive cash flow for over 40 years. With a growing population and median income of $65.7k, New Stanton offers a promising market for new ventures. Don't miss this chance to invest in a high-traffic location with endless possibilities for growth and success. THERE ARE 23 PADS ON THE PROPERTY. 14 TENANTS ARE PAYING RENT, THE OTHER 9 ARE VACANT AND

Investment highlights

CURRENTLY 14 TENANTS PAY RENT 9 CAN BE RENTED

New Amazon plant just opened down the street employing 600 new workers

HUGE UPSIDE TO INCREASE CASH FLOW

PRICE DECREASE!

Listing Contacts

JS
PA PA AB069407
REAL of Pennsylvania
Listed by REAL of Pennsylvania

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$42,894.00
$3,574.50/mo

Valuation Metrics

0
DSCR
6.61%
Cap Rate
6.61%
ROI

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Additional Information

Name
Jim Schons
License
PA AB069407
Brokerage
REAL of Pennsylvania
Brokerage Phone
4129990722
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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