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31222302
31222325

15 Decasper Dr, Lewis Run, PA 16738

ST
FL 3536754
IRE Investment
Listed by IRE Investment
$950,000
75 days on market
Updated 75 days ago

Country Courts Enterprises

Details
Property Type Mobile Home Park
Cap Rate 9.43%
NOI $89,589
Occupancy 100%
Pro-Forma Cap Rate 9.95%
Pro-Forma NOI $94,544
Class C

Mobile Home Park | 9.43% CAP

Marketing description

Two (2) single-family homes

Twenty-eight (28) storage units

Seven (7) mobile homes

Existing sewage treatment facility

Expansion potential for additional units or homes

Meticulously maintained by the same owners for 22 years

Presenting a unique and well-maintained income-producing property ideally situated at the entrance to Allegheny State Park. This versatile asset includes two single-family residences, twenty-eight (28) storage units, and seven (7) mobile homes, offering multiple established revenue streams with strong potential for Expansion. The property features a well maintained sewage treatment facility and ample acreage to accommodate additional storage units or mobile homes, supporting future growth and increased income potential. The current owners have maintained the property to high standards for the past 22 years, ensuring stable operations and a clean, functional infrastructure.

Given its prime location, consistent occupancy, and long-term operational history, this property represents an attractive investment opportunity for those seeking diversified income and scalability in a recreationally active region. The sellers are motivated as they prepare for retirement, providing a rare chance to acquire a proven, well-performing property with immediate cash flow and development upside. Submit an offer or request a showing today!

Review additional pictures here:
https://tourwizard.net/cp/15-decasper-drive-lewis-run/
https://tourwizard.net/15-decasper-drive-lewis-run/st/panorama/

Lewis Run, PA is home to picturesque views, excellent restaurants and nightlife options. Stroll along Main Street or take a day trip to Allegheny National Forest, where visitors can find ample opportunities for fishing and camping. Small metro area set in the woodlands and highlands of the Mideast region. Primary industries include manufacturing and oil. Also known as a college town. - Located in north-central Pennsylvania, 35 miles south of Olean, New York, and 70 miles north of DuBois..

Listing Contacts

ST
FL 3536754
IRE Investment
Listed by IRE Investment

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$89,589.00
$7,465.75/mo

Valuation Metrics

0
DSCR
9.43%
Cap Rate
9.43%
ROI

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