Jefferson Estates MHP
Mobile Home Park | 8.07% CAP
Marketing description
MERCER COUNTY - The MHP Broker is pleased to offer Jefferson Estates Mobile Home Park (MHP) for sale, located in Mercer, PA. Mercer sits within the Youngstown–Warren–Boardman, OH-PA MSA, linking it to strong employment centers and regional infrastructure activity. Just over 50 miles from Pittsburgh, Mercer benefits from access to one of Pennsylvania’s largest metropolitan economies. The County supports a diverse local economy anchored by healthcare, manufacturing, education, and logistics employers, which provide jobs to nearly 48,000 residents.
Jefferson Estates MHP features 42 total pads with 31 occupied units, which are all tenant-owned homes (TOH). This well-maintained and managed community still has plenty of upside with infilling vacant lots, all of which have infrastructure in place. Utilities are services through well water that are professionally monitored monthly and 1:1 septic. Long-term management has been in place and is willing to stay on, making it well-suited for out-of-state ownership. The property requires little to no immediate CapEx require-ments and does not reside in a flood zone, reducing near-term risk.
This stabilized land-lease community offers an attractive blend of cash flow and long-term value creation. should be a staple in any investor's portfolio. Jefferson Estates is well-positioned to serve as a durable, income-producing asset within a diversified MH portfolio. We are offering this community at $1,450,000 with no seller financing. Bank financing is expected to be available for qualified purchasers. Please reach out to the Broker for more information.
Investment highlights
• Tenant-Owned Home Community
• Well and Septic
• Vacant Pads with Infrastructure
• Management In-Place
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